Multiple Contract Wins for Paragon
Thursday 11 May 2017
On May 10, 2017 Paragon Offshore released the attached Fleet Status Report. A copy of this report is available in PDF format at www.paragonoffshore.com.
Paragon will issue a fleet status report once per quarter coincident with its earnings reports. This summary of the Fleet Status Report is provided as a
courtesy and is not intended to replace a detailed review of the report. You are urged to review the Fleet Status Report in detail.
Current Fleet Status Report Summary
New Contracts and Extensions
North Sea:
MSS1 - Centrica awarded a 1-well contract offshore UK with an anticipated start in early August 2017 and ending in mid Ocotober 2017
Middle East:
B152 - Awarded a two-year contract extension from late November 2017 to late November 2019 at an undisclosed new day rate effective as of early April 2017.
Dhabi II - Awarded a two-year contract extension from mid July 2017 to mid July 2019 at an undisclosed new day rate effective as of early April 2017.
More - http://s2.q4cdn.com/676528692/files/doc_financials...