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3 oil companies share rig to pursue N.L. exploration
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The Canadian Press
Date: Thursday Dec. 30, 2010 10:31 AM ET
ST. JOHN'S, N.L. — Three oil companies exploring Newfoundland's offshore are putting a rig-sharing deal into effect that the provincial government says is good news for continued exploration.
Husky Energy, Statoil Canada and Suncor Energy have an agreement with drilling contractor TransOcean for the use of the Henry Goodrich semi-submersible drilling unit.
Natural Resources Minister Shawn Skinner says the three-year deal is a positive development because rig-sharing agreements encourage continued exploration.
He says they enable companies to pursue drilling and development programs that could otherwise prove too costly to be commercially viable.
Suncor Energy has just started drilling a second exploration well and Husky Energy is pursuing further development opportunities.
Statoil Canada plans to drill a delineation well for the Mizzen discovery and an exploration well in the southern Grand Banks.
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I feel that if certain organs were in demand, less effort would be made to revive people. Am I being silly? Not really. I had a bad experience in hospital when my heart stopped, the doctors tried to revive me and failed. They stopped and said I was gone. I came around on my own when the nurse was giving a final BP reading of 'zero'. I heard her declare me dead! It was all I could do to shake my head but they never caught on til I was able to open my eyes. You should have seen them scramble then! I thought the nurse was going to faint. The thing is, I think we may write people off too soon when there is something of value to be gained from them.
