NADL - North Atlantic Drilling Ltd. announces contract extension for West Elara
January 20 2017 - 6:29AM
Hamilton, Bermuda, January 20, 2017 - North
Atlantic Drilling Ltd ("the Company") has been awarded a firm one
well extension plus one optional well from Statoil Petroleum AS
("Statoil") for the jack-up West Elara. The work will commence in
direct continuation of West Elara's existing contract with Statoil
and the backlog for the firm portion of the extension is estimated
to be US$10 million.The West Elara has worked for Statoil since
2011 and the Company is pleased to continue this long-term
relationship.
This information is subject
of 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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