Dolphin Drilling Extends Contract for Borgland Dolphin

Dolphin Drilling Extends Contract for Borgland Dolphin

Dolphin Drilling has extended contract for its Borgland Dolphin drilling rig.

The contract was signed in 17th September 2012.

The contract has been extended from a 15 well drilling contract to an 18 well drilling contract. The new estimated duration for the drilling program is 3.5 years for the semi-submersible drilling rig Borgland Dolphin.

The new estimated contract value is approximately USD 663 million.

[mappress]
April 3, 2013