Oct 21, 2008

Aban Offshore signs agreement with Husky Oil China

26 Sep 2008 | 12:08




Aban Offshore signs agreement with Husky Oil China


Aban Offshore has announced that a letter of agreement has been signed
with Husky Oil China in relation to the possible deployment of the
jack-up rig deep driller 5 offshore China for a 3 firm wells + 3
optional wells programme. Subject to the fulfillment of conditions, the
estimated revenues from the firm period of the contract would be
approximately US$ 38.70 million. The deployment is to commence in
direct continuation of its present contract, which is expected in the
first quarter of 2009.

The company made this announcement during the trading hours today, 26 September 2008.

0 comments: