Company Overview: Petrolia Drilling ASA
It owns and charters drilling vessels for offshore, deepwater oil and gas exploration and development drilling. It intends to continue to expand its current rig fleet through a strategy of acquiring, refurbishing and selectively deploying offshore drilling rigs and drillships on fixed-rate, long-term contracts.
In addition to the acquisition and operation of vessels, the company’s strategic aims include investments in and part-ownership of ships and all activities related thereto, hereunder participation in other companies.
Petrolia Drilling ASA focuses its activities on two areas in the petroleum market: drilling and test production.
The company has developed its strategy with particular emphasis on deep water drilling.
Ownership: Public
Stock Ticker: PDR