Awilco Drilling PLC and Hess Limited have mutually agreed to release the WilHunter ahead of the 1st December 2015 contract date as a consequence of the successful early completion of the decommissioning program. There will be no negative financial repercussions to either party as a result of this early release.
WilHunter is now moored at Invergordon and is being actively marketed against future opportunities.
WilHunter is one of Awilco Drilling’s two Enhanced Pacesetter semi-submersibles and is equipped for operations in water depths up to 1,500ft.
Aberdeen, 31 July 2015
For further information please contact:
Jon Oliver Bryce, CEO
Phone: +44 1224 737900
Cathrine Haavind, IR Manager
Phone: +47 93 42 84 64
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.