Drilling & production - 22 June 2018

Carnarvon Petroleum Limited has provided the following update on the drilling at the Dorado-1 well.

Savannah Petroleum PLC, the West African focused British independent oil and gas company, have announced that the third well in its current Niger drilling campaign, Kunama-1, was spudded on 21 June 2018. Kunama-1 is located on the R3 portion of the R3/R4 PSC Area in the Agadem Basin, south east Niger.

At this stage, the mill will support Tenaris’s ramp up of seamless activity in the US with the heat treatment and finishing of pipe products.

The contract is valid for three years, with two additional one-year options (3+1+1).