Northern Offshore Announces Contract Extension for Jackup
Energy Endeavour
By PRNewswire
11/12/2009
HOUSTON, Nov. 13 /PRNewswire-FirstCall/ -- Northern
Offshore, Ltd. (Oslo Bors: NOF.OL) today announced that its
subsidiary, Energy Offshore Ltd., was awarded an extension of
its ongoing drilling services contract with Maersk Olie og Gas
AS for the jackup Energy Endeavour. The extension is for an
additional well plus an optional workover well, commencing in
direct continuation from the conclusion of the current well.
The extension is expected to keep the Energy Endeavour under
contract until late January 2010, or mid-February 2010 if the
option is exercised. Excluding the option period, the contract
has an estimated value of approximately US$6 million.
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Northern Offshore, Ltd. is a Bermuda holding company which
operates offshore oil and gas production and drilling vessels
deployed around the world. The company's fleet consists of one
floating production facility and five drilling units (a
drillship, a semisubmersible and three jackup drilling rigs).
The Northern Offshore fleet operates in various markets
including the North Sea, the Indian Ocean, offshore Russia, the
Mediterranean Sea and Southeast Asia. More information on
Northern Offshore, Ltd. may be found by visiting the company's
website at http:// www.northernoffshorelimited.com.
For further information, please contact:
Brian Hefty at
1-713-739-7686,
or via email at brian.hefty@northernoffshoreltd.com
SOURCE Northern Offshore, Ltd.
Originally published by Northern Offshore, Ltd..
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