Pemex to Drill in GOM with Zagreb 1

Crosco Integrated Drilling & Well Services Co., Ltd. has announced the ongoing and successful provision of drilling services for Pemex. The services for Pemex are being provided in cooperation with local Mexican partner Goimar, S.A. de C.V..

The drilling services are being provided in the Gulf of Mexico with Crosco's semisubmersible drilling rig Zagreb 1. The Crosco semisubmersible underwent a substantial upgrade and refurbishment prior to commencement of the contract with Pemex. Zagreb 1 has a water depth capacity of 1500 feet or 457.2 meters. Currently, Zagreb 1 is testing and completing well Pox-1 as part of an 18-month drilling and services contract.

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