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Awilco Drilling Has Signed USD 13.8M Contract

Source: www.gulfoilandgas.com 1/23/2018, Location: Europe

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Awilco Drilling PLC has signed a Letter of Intent with an undisclosed operator for the provision of WilPhoenix. The one well program has an estimated duration of 115 days and will commence in direct continuation from the rig's current contract with Apache North Sea Limited in Q2 2018. The contract value is estimated at USD 13.8 million.

WilPhoenix is one of Awilco Drilling's two Enhanced Pacesetter semi-submersibles and is equipped for drilling in water depths up to 1,200 ft.

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