The contract has been signed with the approval of both its partners Associated Oil and Gas Services Limited (AOGSL) and Dansaki Petroleum (DPL).
The rig, owned and operated by KCA Deutag, is currently in Port Gentil, Gabon undergoing refurbishment and is due to arrive in Nigeria around 25 May 2011.
It is first contracted by another operator for a single well, where after Mira will take delivery of the Rig.
The company’s current best estimate is that it will take delivery of the rig in early July 2011 to re-enter the Tom Shot Bank 1 well (TSB 1) and to wire line log and production test the previously identified hydrocarbon bearing zones in this well.
