Northern Offshore Announces New Contract Award for Jackup Energy Endeavour
HOUSTON, Sept. 19, 2013 /PRNewswire via COMTEX/ --
Northern Offshore, Ltd. (Oslo Bors: NOF.OL) today reported that its subsidiary, Northern Offshore U.K. Ltd, was awarded a contract with Wintershall Noordzee B.V. ("Wintershall"), for the jackup Energy Endeavour. The contract will be performed in the Dutch Sector of the North Sea commencing on/or about October 1, 2013 with completion well in progress on May 1, 2014. The contract provides for extension options and an initial operating day rate of US$160,000 per day.
Gary W. Casswell, Northern Offshore's president and CEO, said "We are delighted that Wintershall has selected Northern Offshore for this program and are pleased to broaden our customer base in the North Sea with this new client. We look forward to working with Wintershall and achieving a safe and successful drilling program."
About the Company
Northern Offshore, Ltd. is a Bermuda holding company which operates offshore oil and gas drilling units and one production vessel in various markets around the world, including the North Sea, the Indian Ocean and Southeast Asia. The company's fleet consists of four drilling units (a drillship, a semisubmersible and two jackup drilling rigs) and one floating production facility. More information on Northern Offshore, Ltd. may be found by visiting the company's website at http://www.northernoffshorelimited.com.
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SOURCE Northern Offshore, Ltd.
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