MIS Receives Delivery Milestone Payment for SeaWolf Onome

UAE-based Maritime Industrial Services has received the full Delivery Milestone payment amount from its client, SeaWolf Oilfield Services of
Nigeria, for the completion and delivery of SeaWolf Onome jackup (Hull 105).

The Onome, which was delivered and accepted in June 2009, is the second of two rigs for SeaWolf. Five more rigs are being built at MIS' yard in Sharjah and all five are scheduled to be delivered between 2009 and 2010, according to contractual milestones.