Euroil supports its programme through a technical operating office in Calgary and an Edinburgh-based financial affiliate, Bowleven.

GlobalSantaFe has been contracted on a turnkey basis to drill the probe using either of the jack-ups High Island-7 or High Island-9 .

The most likely candidate is High Island-7 because High Island-9 has just mobilised from Amerada Hess in nearby Gabon and will remain in-country, spudding the first of two wildcats for Energy Africa this week, industry sources confirmed.

Euroil's