Australia-based Karoon Energy has executed binding agreements with drilling contractor Stena Drilling and oil company Tullow Oil to contract the Stena Forth drillship for Karoon’s Marina-1 exploration well located offshore Peru.
As previously reported, Karoon started tendering for a drilling rig to drill the Marina-1 well in March 2019.
The Stena Forth has been contracted to drill one well, being the Marina-1 exploration well, in Karoon’s 40% owned and operated Block Z-38 in the Tumbes Basin in Peru with drilling scheduled to start early in the first quarter 2020, Karoon said on Friday.
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