NADL - Announces contract award for West Hercules with Siccar Point Energy E&P Limited ("SPE")
19 June 2017 - 9:12PM
Hamilton, Bermuda, June 19, 2017
- North Atlantic Drilling Ltd has been awarded a one well
contract with SPE for Seadrill Limited's semi-submersible West
Hercules for work in the United Kingdom, West of Shetland. The
contract will commence on 1st April 2018 when SPE will drill and
test an appraisal well on the Cambo discovery with the data being
used to refine the development project requirements. The minimum
backlog for the contract is estimated at US$ 7 million.
This information is subject
to the disclosure requirements pursuant to section 5-12 of the
Norwegian Securities Trading Act.
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: North Atlantic Drilling Ltd. via
Globenewswire
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