Newfoundland gamble on grand scale
Chevron-partnership ready to spud C$140 million exploratory well in Orphan basin in mid-August; downplays chances of success
By Gary Park
For Petroleum News
Newfoundland’s storm-tossed seas, which produce some sickening lurches at times for offshore operators, are entering what could be their most exciting phase.
In a 40-year history replete with stories of success, setback and suspended hope there has been nothing to stack up against the C$140 million....
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Drilling by Eirik Raude
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