10th Aug 2015 06:47
LONDON (Alliance News) - Red Emperor Resources NL on Monday said the Hawkeye-1 exploration well in Palawin Basin in the Philippines has been performing well since being spud at the end of July.
Red Emperor said operations have "run smoothly" since the well was spud on July 31, with good performances from both the rig and service companies.
The company said it will continue to provide updates on the drilling programme after target depth has been reached.
By Sam Unsted; [email protected]; @SamUAtAlliance
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