Replies to post #15119 on Hyperdynamics Corp (HDYNQ)

[whitenoize]

I will be watching this well.

Exploration activity in the region continued in the period. In Côte d’Ivoire, the Calao-1X well spudded in early April and a result is expected in May 2013. An appraisal plan for the Paon discovery has now been approved by the Government of Côte d’Ivoire and the Paon-2A appraisal well is scheduled for the fourth quarter of 2013.In Mauritania, the four-well exploration campaign is scheduled to commence in July 2013. Tullow’s acreage position in Mauritania has also been enhanced with the signing of the Production Sharing Contract (PSC) for the shallow water C3 licence area in April 2013.
In April 2013, Tullow also took over operatorship of the offshore Guinea oil and gas exploration concession and plans to drill a deepwater prospect in the first quarter of 2014.

Source: http://ghanaoilwatch.org/index.php/ghana-oil-and-gas-news/3072-tullow-oil-2013-capital-expenditure-estimated-at-us-2-billion-jubilee-crude-produced-estimated-at-65-million-barrels-since-first-oil