Fred Olsen Energy subsidiary Dolphin Drilling has entered into a drilling contract with UK-based I3 Energy for a program covering two wells plus sidetracks on the Serenity prospect in the North Sea.
The program is due to commence not later than September 1, 2020 or as otherwise agreed between the parties and includes an option for additional wells on the Minos High structure and the Liberator West area in Block 13/23c. Either Borgland Dolphin or Blackford Dolphin may be deployed to serve the contract.
The contract is conditional on I3 confirming availability of funds to satisfy its obligations under the contract 90 days prior to drilling commencement.
Dolphin Drilling drilled two wells on the Liberator and Serenity prospect last year.