On completion of its current contract in West Africa in October 2011, the rig will be mobilized to the Falkland Islands to commence the company’s two-well drilling program.
The wells on the Darwin and Stebbing prospects are currently estimated to take approximately 45 days each, and the contract allows for up to three option wells.
Borders & Southern has contracted AGR Peak Well Management to perform well engineering, procurement, service contracting and operations supervision.
Initial well designs for Darwin and Stebbing are already well advanced and the company expects to order subsea wellhead systems and casing strings shortly.