MMEER Expands Accommodation Fleet

Mike Mullen Energy Equipment Resources, Inc. thru a subsidiary, MMEER Cayman Ltd., has entered into a contract to purchase the following two service and accommodation units from a subsidiary of Bibby Line:

jackup TRIDENT BIBBY ONE which is currently working in Saudi Arabia
jackup BIBBY MARINIA which is currently working in Qatar

These units will be combined with the previously announced purchase of three service and accommodation units from Nabors to create a fleet of five units.

After handover from the sellers, MMEER will operate the units and all marketing for future work will be under the direction of MMEER. All of the units are currently in the Middle East; but, demand from other regions has been identified and some units may be mobilized in the coming months.

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