SS Petrolia Completes Drilling Contract with Island Oil & Gas

SS Petrolia has successfully completed the drilling contract with Island Oil & Gas Ltd.

SS Petrolia is currently in transit for the 913-day contract with Pemex to an estimated gross value of more than U.S. $269 million, and will commence the contract upon arrival in Mexico during December 2007.

For More Information on the Offshore Rig Fleet:
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