Granby said that it will decide which prospect will be drilled early next year following the interpretation of four new seismic surveys that were acquired earlier in 2007. The rig could also be utilized for farm-in to an appraisal or development opportunity.
David Grassick, managing director of Granby Oil and Gas, said: We are very pleased to have secured this rig. While we have yet to identify which prospect we plan to drill, this rig provides us with a certain amount of flexibility and opportunities and will ensure further drilling activity early next year.
