Odfjell Drilling Ltd: Statoil Exercises Second Option in Deepsea Bergen's Drilling Contract
Thursday 25 January 2018
Reference is made to the stock exchange notice from 31 May 2017 whereby Statoil awarded Deepsea Bergen a new drilling contract. The contract originally included one firm well plus 4 x 3 optional wells.
Odfjell Drilling is pleased to inform that Statoil today has exercised the second of four options. The option is for three wells with an estimated duration of 75 days. Option two will follow back to back with previously announced option one. The contract value is as previously notified.