Contract for WilCraft Extended from 13 to 16 Wells



Awilco Offshore and Premium Drilling report that Peak Group (Asia Pacific) Pty Ltd has exercised 3 of the 11 optional wells on its contract with the WilCraft jackup for operations offshore Australia.

WilCraft is on a 13 well firm contract with 11 optional wells with Peak Group (Asia Pacific) Pty Ltd. It is expected that the firm part of the program now will employ WilCraft through to September 2008, with another 8 optional wells outstanding. Terms and conditions for the optional wells are identical to the initial contract period.

RELATED COMPANIES
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.