KUALA LUMPUR, Malaysia – Hibiscus Petroleum subsidiary Carnarvon Hibiscus says exploration drilling will start soon on the VIC/P57 permit offshore southeast Australia.
Last month the rig arrived at Port Philip Bay in Melbourne on a heavy-lift vessel and has since been offloaded and towed to Western Port Bay. West Telesto will then be towed to the Yolla field to begin Origin’s well program.
It will then transfer to Carnarvon Hibiscus to drill the Sea Lion exploration well. Prospective resources are estimated at 11-15.3 MMbbl.