New Drilling Contract for "HAKURYU-5" (Myanmar)
Japan Drilling Co., Ltd. (JDC) is pleased to announce that its subsidiary company "HAKURYU 5, Inc." has entered into a drilling contract with PC Myanmar (Hong Kong) Limited for the provision of a semi-submersible drilling rig "HAKURYU-5". The main terms of the drilling contract are as follows:
|Operating Area ：||Offshore Dawei, Myanmar|
|Period of Contract ：||1 firm well + 2 option wells (30 - 45 days per well)|
|Estimated Commencement Time ：||Around January 2019 Location：Offshore Dawei, Myanmar|
Location：Offshore Dawei, Myanmar
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.