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Stocks T / Triton Energy Limited


Subject:  Two-Rig Drilling Program in Equatorial Guinea Date:  1/18/2000  8:35 AM
Author:  TMFSpirit Number:  83 of 118

Good morning,

This morning Triton Energy announced that it is accelerating exploration, appraisal and development drilling activities in the Republic of Equatorial Guinea through implementation of a two-rig drilling program. Previously, the Company's plans focused on utilization of a single rig. The new drilling program provides for up to ten wells: four firm well commitments and six optional wells.

Drilling operations are planned to commence in April with the drilling of Ceiba-3, a Ceiba Field appraisal well. The second rig is scheduled to arrive in late May and begin completion operations on the Ceiba-1 and -2 wells. Details of the planned two-rig drilling program follows:

Click on the news link above to read the full press release.

Keep Foolish and Prosper,


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