Firstdrill Enters New International Waters

Firstdrill Ltd has signed a new contract with Urdanetagazprom, a fully owned subsidiary of the Russian company Gazprom. Firstdrill will provide professional engineering services for two offshore exploration wells to be drilled offshore Venezuela during 2007.

Peter Redman, Firstdrill's Managing Director, released the following statement "Firstdrill is very pleased to be working with Urdanetagazprom. This is the first time our company has worked in South America, though we are confident that our Operations Engineering experience gained in the North Sea along with many other international areas of the world will hold us in good stead".

After recently celebrating our 10th anniversary and opening of new offices in Aberdeen and Houston, Firstdrill is growing both in business and in recruiting personnel. Firstdrill provides a comprehensive range of services, expertise and resources for projects both in the UK and around the world.

Firstdrill is a fast growing British oil and gas service company providing project management, well engineering and operational support to the oil and gas exploration and production industry. Oil and gas operators can reduce their expenditure by having the benefit of Firstdrill's experience during their project, either as drilling engineering and supervision or complete management of the project.

Using expertise from the UK, the Former Soviet Union and around the world, Firstdrill has completed projects both on and offshore in many countries. Some recent projects have been conducted in the UK, Russia, Vietnam, India, the Ukraine, and the Ivory Coast.