Northern Offshore Close Sale of Energy Exerter

Source: www.gulfoilandgas.com 10/14/2012, Location: South America

Northern Offshore, Ltd. announced that the pending sale of the jackup Energy Exerter to an undisclosed buyer has now been completed. The Company confirms the previous announcement on August 29, 2012 that the net proceeds from the sale after fees and expenses is approximately US$43.5 million, with a financial net gain of approximately US$7.5 million.

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Related Categories: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 

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