StockMarketWire.com - Independent Oil and Gas said it had signed a letter of intent with Maersk Drilling to hire a rig for the Harvey appraisal well offshore UK.

The well is planned to follow on directly from the Maersk Resilient rig's current campaign, with the spud date at Harvey currently expected to be in July.

In the success case, with full coring and testing, the well would be expected to take around two months.


At 2:54pm: [LON:IOG] Independent Oil Gas PLC share price was 0p at 12.75p



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