Blake International Signs Deepwater Contract

Blake International and Anadarko Petroleum Corporation have entered into a contract to mobilize the Blake Rig 1007 onto the Marco Polo TLP at Green Canyon 608. The contract is for 2 wells with a 1 well option. The Blake Rig 1007 is currently undergoing modifications at the Blake International facility in Houma Louisiana.

In early 2010, Blake International engineered and developed their Dynamic Assist Rig Technology (D.A.R.T.) kit to prepare for their entry in the deepwater arena. "Our decision to enter into the deepwater market was a personal goal of mine and we feel it is the next step for Blake International to become the industry's preferred platform rig contractor", says Michael E. Blake, Chairman of Blake International.

Blake International owns and operates a fleet of 10 Platform Rigs in the US and Mexico.

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