Thursday, May 19, 2011

Jasper

Jasper: Announced that it has finalised a contract with AGR Petroleum for its drillship, the Jasper Explorer. The contract with AGR also provides for the option to deploy the Jasper Explorer for another five option wells in West African waters on mutually agreeable terms. The project for the first well, including mobilisation, is worth about US$15m. Technically, see support at $0.075 and resistance at $0.09.

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