Pacific Drilling S.A. (OTC: PACDQ) (“Pacific Drilling” or the “Company”)
announced today that its deepwater drillship the Pacific Bora has
been awarded a contract by Nigerian Agip Exploration Limited (a
subsidiary of Eni SpA) for drilling operations in Nigeria. The term of
the contract is for one firm well plus two additional option wells. The
contract is expected to commence in mid to late November 2018 and firm
contract backlog is estimated at $9 million.
Pacific Drilling Chief Executive Officer Paul Reese commented: “On the
heels of our previous announcement of new work for Pacific Santa Ana
in Mauritania, we are pleased to have secured this contract for the Bora
which reflects our substantial experience in Nigeria and our
uninterrupted commitment to providing exceptional drilling services to
our clients.”
Currently offshore Abidjan, Côte d'Ivoire, the Pacific Bora is a
sixth generation deepwater, dynamically-positioned drillship capable of
operating in water depths up to 10,000 feet and drilling wells more than
37,000 feet deep.
About Pacific Drilling
With its best-in-class drillships and highly experienced team, Pacific
Drilling is committed to becoming the industry’s preferred
high-specification, deepwater drilling contractor. Pacific Drilling’s
fleet of seven drillships represents one of the youngest and most
technologically advanced fleets in the world. Pacific Drilling has its
principal offices in Luxembourg and Houston. For more information about
Pacific Drilling, including our current Fleet Status, please visit our
website at www.pacificdrilling.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181022005940/en/
Copyright Business Wire 2018
Source: Business Wire
(October 22, 2018 - 5:00 PM EDT)
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