Frontier Drilling Receives LOI for Frontier Discoverer
|Monday, July 30, 2001
Frontier Drilling has received a letter of intent from OMV Exploration for the Frontier Discoverer. Frontier recently acquired the rig form Ghana National Petroleum Corp. The one-well contract should last approximately 60 days and is estimated to begin in September offshore Vietnam. The rig is currently undergoing re-activation and inspection in Dubai.