Jasminia Receives Extension in Mexico's Cantarell Field

Prosafe and Interpetroleum Services Limited have agreed to extend the bareboat contract for use of the semi-submersible accommodation rig Jasminia in the Cantarell field for Pemex in Mexico with 159 days.

This is the first of a series of mutually agreeable extensions with a duration of up to six months each. If all extensions are agreed, the contract will run  until mid-February 2013.

The contract runs now until June 8, 2011. The value of the extension of the bareboat contract is about USD 7.2 million.