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Energy Oil & Gas E&P

Erin Energy Corporation is an independent oil and gas exploration and production company. The Company is focused on energy resources in Africa. It is focused on exploration for and production of hydrocarbons where commercial reserves have been found and developed. As of December 31, 2016, the Company's asset portfolio consisted of seven licenses across four countries covering an area of... see more

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Erin Energy Corp > Rig Update

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Post by radcat on Sep 16, 2014 4:15pm

Rig Update

Northern Offshore Provides Update on Operational Status of the Energy Searcher

HOUSTON, TEXAS – September 15, 2014 -- Northern Offshore, Ltd. (Oslo BØrs:NOF.OL) today announced that the drillship Energy Searcher under contract in Nigeria, has experienced technical problems with the control hoses to the unit’s blowout preventer. The repairs are underway and are expected to be completed soon allowing operations to resume within two (2) weeks. The Company expects its consolidated financial results for the third quarter 2014 to be negatively impacted by a reduction of approximately forty-five days of revenue for this unit.

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