High Arctic Extends Contract for Rig 104
Oil Search extends their contract for Rig 104 taking the term up to December 2013.
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High Arctic’s Rig 103 Secures Contract with Eaglewood Energy
High Arctic secures a new contract for Rig 103 to drill two wells (+ 2 options) for Eaglewood Energy.
High Arctic’s Heli-portable Rig 104 Mobilized to Papua New Guinea
Rig 104, the same design and specification as Rig 103, was mobilized to Papua New Guinea and begins its first well under contract with Oil Search.
High Arctic’s Hydraulic Workover Rig 102 Begins Operations
High Arctic continued its growth in Papua New Guinea by mobilizing and operating Hydraulic Workover Rig 102, previously known as "The Cadomin".
Additional Heli-portable Rig 103 Is Developed & Mobilized to PNG
During 2007, High Arctic provides management services related to the construction of an additional heli-portable rig mobilized to Papua New Guinea. By the end of year, Rig 103 already spud its first well under a contract with Oil Search.
Heli-portable Rig 101 Secures First Contract in Papua New Guinea
In February 2007, High Arctic enters into a drilling services contract with Oil Search Limited to operate a heli-portable rig in Papua New Guinea. The designated Rig 101 spud its first well in October of the same year.