Awilco Drilling PLC has signed a Letter of Intent (LOI) with Endeavour Energy UK Ltd for the provision of WilHunter for their Rochelle development program.
The contract duration is estimated to be about 150 days with a contract value of approximately USD 37 million. The contract is expected to commence late Q1 2012.
WilHunter is one of Awilco Drilling’s two Enhanced Pacesetter semi-submersibles and is equipped for drilling in water depths up to 1,500 ft.
[mappress] Source: Awilco Drilling, October 6, 2011; Image: Remontowa