Bounty Oil & Gas NL is pleased to announce that the "Ocean Patriot" semi submersible drill rig has been positioned at the New Seaclem 1 location, fixed with 8 anchors and has ballasted down. All operations have proceeded smoothly aided by calm seas.
The well will be spudded later today; 2 days ahead of schedule.
Bounty will release further details as soon as this information is available.
The well operator is Asset Energy Pty Limited a wholly owned subsidiary of Advent Energy Limited.
Source: Press release

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