In
an
announcement,
Buccaneer
said
the
rig
was
being
re-located
to
enable
final
movement
to
the
drill
site
without
delay,
and
to
facilitate
final
preparations
for
the
upcoming
project.
The
Company
expects
that
the
well
will
spud
next
month
once
drill
site
construction
is
completed,
but
will
formally
announce
the
expected
spud
date
once
all
arrangements
have
been
finalised.
The
first
well
on
the
Loop
will
be
a
step-out
well
from
the
Kenai
Cannery
Loop
field,
while
the
company
was
applying
for
permits
on
three
drilling
locations.
…
