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Ocean Rig UDW Inc. Announces Letter of Intent
for the Eirik Raude
Nicosia, Cyprus – September 11, 2012
Ocean Rig UDW Inc. (the “Company” or
“Ocean Rig”), a global provider of offshore deepwater drilling services, today
announced that it has received a Letter of Intent for one of its semi-submersible
drilling rigs, “Eirik Raude”, from an oil major.
The Letter of Intent is for a one-well
program, with an estimated duration of up to 6 months, for drilling offshore Ireland,
with an estimated backlog of approximately $112 million, including mobilization and
demobilization. The rig is scheduled to commence this contract in the first quarter of
2013, in direct continuation from its previous contract in West Africa.
About Ocean Rig
Ocean Rig is an international offshore drilling contractor providing oilfield services
for offshore oil and gas exploration, development and production drilling, and
specializing in the ultra-deepwater and harsh-environment segment of the offshore
drilling industry.
The company owns and operates 9 offshore ultra deepwater drilling
units, comprising of 2 ultra deepwater semisubmersible drilling rigs and 7 ultra
deepwater drillships, 3 of which remain to be delivered to the company during 2013.
Visit the Company’s website at www.ocean-rig.com.
Ocean Rig press release
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