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

2019-01-24

Japan Drilling Co., Ltd. (JDC) is pleased to announce 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)

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Location:Offshore Natuna, Indonesia