DRILLING

Blow to the Bargou boys

THE cost of the Hammamet West-3 well on the Bargou permit offshore Tunisia has blown out by about 15% to $US70 million ($A78.05 million) as a result of operational difficulties.

Operator Cooper Energy told the Australian Securities Exchange this morning it was unable to fish out some coiled tubing that had become stuck in the wellbore. The Hammamet joint venture had decided...

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