Hyperdynamics Signs LOI with Jasper Drilling for Offshore Guinea Project

On behalf of Hyperdynamics, AGR Peak Well Management (AGR) has signed a letter of intent (LOI) with Jasper Drilling of Singapore to engage the drill ship Jasper Explorer for drilling at Hyperdynamics' concession offshore area, the Republic of Guinea.

The Jasper Explorer is a self-propelled drill ship that has the ability of operating in water up to 5,000 feet depth.  It is of the new Pelican Class type. It is anticipated that AGR and Jasper Drilling would sign the contract in a few days. In support of Hyperdynamics, AGR has performed the drill ship tender. During the phase drill, AGR will offer management services, which are likely to commence in the fourth quarter of 2011.

According to Hyperdynamics, the key element in preparing the drilling program is choosing a drilling contractor for the offshore Guinea concession.

The Jasper Explorer provides flexibility in choosing preliminary drilling sites and has the capacity of drilling in a broad range of water depths.

Joel Scanlon

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Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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