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Additional Drilling Contract for "HAKURYU-11" (Vietnam)

2019-12-09

Japan Drilling Co., Ltd. agreed to provide drilling services with a jack-up drilling rig "HAKURYU-11" to a certain operator based on the subcontract with PetroVietnam Drilling & Well Services Corporation who secured the additional drilling contract from the operator.

The main terms of the additional drilling contract are as follows:

1. Period of Contract :4 firm wells (approx. 300 days) + 1 or 2 option well(s) (approx. 60 days/well)
2. Estimated Commencement Time :Around August - October 2021
3. Operating Area :Offshore Vung Tau, Vietnam

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Jack-up rig "HAKURYU-11"