New Drilling Contract for "HAKURYU-11"
Japan Drilling Co., Ltd. (JDC) is pleased to announce that its subsidiary company "P.T. Japan Drilling Indonesia" together with a shipping company in Indonesia has entered into a drilling contract with Premier Oil Natuna Sea B.V. for the provision of a jack-up drilling rig "HAKURYU-11".
The main terms of the drilling contract are as follows:
|1. Operating Area ：||Offshore Natuna, Indoensia|
|2. Period of Contract ：||4 firm wells (approx. 173 days)|
|3. Estimated Commencement Time ：||Around March or April 2019|
Location：Offshore Natuna, Indonesia
This is a press release translated from Japanese to English for the sole purpose of obtaining Client's prior approval. After receiving the same, an official press release will be made in Japanese.