Scorpion Offshore Finalizes Contract for Offshore Courageous

Scorpion Offshore has finalized its contract with Cairn India for the Offshore Courageous to work offshore India beginning in mid-September 2007. The contract has a firm duration of 4 wells (estimated total duration 120 days). The contract value is estimated at US $35 million.

The Offshore Courageous is currently preparing for load out in the US Gulf of Mexico for mobilization to India. The rig is expected to arrive in India in late August.

For More Information on the Offshore Rig Fleet:
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