DRILLING

Range to take a punt on Somalia drilling

JUNIOR explorer Range Resources and its partner Africa Oil have completed seismic on the Nogal Block in Somalia's Puntland region and says it expects to spud its first well early next year.

Range to take a punt on Somalia drilling

A drilling program is also planned for the Dharoor block elsewhere in Puntland.

Operator Africa Oil expects to mobilise a drill rig into Puntland late 2007 or early next year, and to spud the first of two back-to-back wells in the first quarter of 2008.

Africa Oil is also scheduling a major seismic acquisition program over the Dharoor area and expects a seismic crew to be mobilised in early 2008.

A drill program is also being planned for the Dharoor Block to follow the drill campaign at Nogal.

Africa Oil, formerly known as Canmex Minerals, is earning an 80% interest from Range.

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