GCMC Ltd - Deepsea Metro I Secures Contract for Work in South-East Asia

Wednesday 31 May 2017

Further to the Letter of Intent dated 23 March 2017 Odfjell Drilling has, on behalf of Golden Close Maritime Corp. Ltd., signed a two (2) well contract for the ultra deepwater drillship, Deepsea Metro I with an undisclosed party. The unit is owned by Golden Close Maritime Corp. Ltd. and managed by Odfjell Drilling.

The area of operation is in South-East Asia. Deepsea Metro I has been contracted for two firm wells together with options for one (1) further well and three (3) sidetracks. The firm contract period shall be approximately 150 days with commencement expected during June 2017.

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