In
late
May,
the
BOP
on
the
semi-submersible
rig
Transocean
Legend
was
pulled
for
repair
after
drilling
the
Boreas-1
exploration
well
to
a
depth
of
4009
metres.
Several
attempts
to
repair
the
BOP
were
unsuccessful,
but
co-venturer
Karoon
Gas
said
today
the
BOP
is
fully
functional
and
drilling
has
resumed.
Boreas-1
is
the
first
of
a
minimum
five
exploration
wells
in
the
Greater
Poseidon
area.
ConocoPhillips
and
Karoon
have
made
three
discoveries
in
the
area
—
Poseidon-1,
Poseidon-2
and
Kronos-1
–
and
are
aiming
to
build
reserves
to
underpin
a
liquefied
natural
gas
project.
…