Monday, October 19, 2009 11:43:46 AM
The Kina prospect is on Block 4 in the Gulf of Guinea on the Nigeria Sao Tome and Principe Joint Development Zone (JDZ). Kina was the first location drilled in Block 4 of the JDZ, which covers 857 sq km in about 2,000 m of water. It is estimated to contain 458 MMbbl.
The Deepwater Pathfinder's contract terminates at the end of November. Lukoil has the following contract for the drillship at $630,000/day commencing Dec. 1, 2009 and ending Jan. 20, 2010
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