SDRL - North Atlantic Drilling secures contract for West Alpha
(Thomson Reuters ONE) -
Hamilton, Bermuda, May 18, 2011 - North Atlantic Drilling Ltd., in which
Seadrill has a 75 percent ownership, has received a letter of award for the
semi-submersible drilling rig West Alpha for operations on the Norwegian
Continental Shelf.
The letter of award covers a two-well commitment in the Balder field, with an
estimated firm contract period of 210 days and an estimated value of US$100
million. Commencement of the assignment is scheduled for the third quarter
2012, in direct continuation of the present contract. The contract has
provisions at the operators sole discretion for extension of up to four
additional wells.
Alf C Thorkildsen, Chief Executive Officer in Seadrill Management AS and
Chairman of North Atlantic Drilling Ltd. says, "We are pleased to report a new
contract for the drilling unit West Alpha. The contract demonstrates the
continued strong demand for quality drilling units in the North Atlantic -
Norway area and further enhances the value of North Atlantic Drilling. "
Analyst contact
Jim Dåtland
VP Investor Relations
Seadrill Management AS
+47 51 30 99 19
Media contact
Esa Ikäheimonen
Chief Financial Officer
Seadrill Management AS
+47 51 30 99 19
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Seadrill Limited via Thomson Reuters ONE
[HUG#1516745]
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 18.05.2011 - 08:17 Uhr
Sprache: Deutsch
News-ID 54769
Anzahl Zeichen: 2096
contact information:
Town:
Hamilton
Kategorie:
Business News
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"SDRL - North Atlantic Drilling secures contract for West Alpha"
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