Last week Awilco Drilling PLC and Suncor Energy signed a Letter of Intent (LOI) for the extension of the contract for the WilHunter semi-submersible drilling rig.
Awilco yesterday confirmed that the contract amendment with Suncor Energy was signed to extend the contract for WilHunter for the drilling of a second firm well estimated at 61 days.
The contract value for the firm well is estimated to be around USD 19.2 million. The second well under the contract is expected to spud in Q1 of 2013.
Previously, in December 2011, Awilco Drilling signed a contract with Suncor Energy UK Limited for the provision of WilHunter for the drilling of one HPHT exploration well.
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.
Also, Awilco drilling announced it had secured a contract for its second semi-submersible rig, WilPhoenix, with Premier Oil UK. The contract estimated value is USD 148 million.
Offshore Energy Today Staff, May 8, 2012