2019-03-28

Japan Drilling Co., Ltd. agreed to provide drilling services with a jack-up drilling rig 'HAKURYU-11' to certain operator based on the subcontract with PetroVietnam Drilling & Well Services Corporation who secured the drilling contract from the operator.

The main terms of the drilling contract are as follows:

1. Period of Contract ：5 firm wells (approx. 300 days) + 1 option well (approx. 60 days)
2. Estimated Commencement Time ：Around October 2019
3. Operating Area ：Offshore Vung Tau, Vietnam

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Japan Drilling Co. Ltd. published this content on 28 March 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 March 2019 10:00:17 UTC