Japan Drilling Co., Ltd.: New Drilling Contract for "HAKURYU-5" (Indonesia)
Thursday 24 January 2019
Japan Drilling Co., Ltd. (JDC) announced that its subsidiary company "PT. Japan Drilling Indonesia" together with a shipping company in Indonesia has entered into a drilling contract with Medco E&P Natuna Ltd. for the provision of a semi-submersible drilling rig "HAKURYU-5".
The main terms of the drilling contract are as follows:
1. Operating Area：
- Offshore Natuna, Indoensia
2. Estimated Commencement Time：
- Around July - August 2019
3. Period of Contract：
- 2 firm wells (approx. 123 days) + 2 option wells (approx. 98 days)