Friday, July 29, 2011
Valiant Petroleum plc
Valiant announced that drilling has commenced on its first Norwegian exploration well, 6407/5-2S, on PL471 located in the Norwegian Sea. The well is targeting Chamonix, a potentially large Cretaceous stratigraphic prospect, and the secondary Cortina prospect in the Jurassic. The well is being drilled by semi-submersible rig Borgland Dolphin and is anticipated to take around 60 days to complete.
The partners in license PL471 are OMV Norge (50%, operator), Noreco (30%) and Valiant (20%).
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