TAIPF: Taipan Resources prepares to drill Badada-1 well on Block 2A in Kenya

Over the last two weeks, Taipan Resources (TAIPF) (TPN.V) has announced the signing of a LOI for the drilling of the Badada-1 well on Block 2B, reported third fiscal quarter results and appointed a new Corporate Secretary. Taipan Resources entered into a Letter Of Intent (LOI) with Greatwall Drilling Company (GWDC), a subsidiary of China National Petroleum Corporation, to contract the GW-190 rig for the planned drilling of the Badada-1 well on Block 2B in Kenya. GWDC owns a complete fleet of rigs and has provided services for more than 100 companies, including the Tullow Oil- Africa Oil joint venture for an exploration well on Block 9.

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TAIPF: Taipan Resources prepares to drill Badada-1 well on Block 2A in Kenya

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