OPTIONS EXERCISED BY TRIDENT ENERGY

Trident Energy has exercised two options with Island Innovator. The two options add another 85 days to the contracted work. The optional work is for development drilling and workover in Equatorial Guinea.

Trident Energy still have another three options that may be exercised. The two firm wells plus the two exercised wells are estimated to keep the Island Innovator in operation for 190 days.

“We are very pleased to prolong our partnership with Trident Energy in Equatorial Guinea and look forward to the work starting in Q4 2023” says CEO, Roger Simmenes.

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3rd OPTION EXERCISED BY TRIDENT ENERGY

Trident Energy has exercised one more option with Island Innovator. This is the third option being exercised and this option adds another 40 days to the contracted work. This optional work is on behalf of another operator in Equatorial Guinea.

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ISLAND INNOVATOR IN TRANSIT

Island Drilling Company has temporarily left Mauritania and Tullow Oils to sail to Hanøytangen, Norway to prepare for our next contract with Dana Petroleum in the UK.

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