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New Drilling Contract for "HAKURYU-5" (Vietnam)

2018-12-21

Japan Drilling Co., Ltd. (JDC) is pleased to announce that its subsidiary company "Hakuryu 5, Inc." has entered into a drilling contract with Rosneft Vietnam B.V. 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 Vung Tau, Vietnam
2. Estimated Commencement Time: Between 15th May and 15th July 2019
3. Period of Contract: 1 firm well (60 - 90 days)