UK: Awilco Drilling Signs Contract With AGR for WilPhoenix Rig

Awilco Drilling Limited has signed a contract with AGR Petroleum Services for 1 firm well and 6 optional wells for WilPhoenix. The contract represents AGR’s multi well multi client 2011 drilling programme. The contract value for the firm part is approximately USD 7 million. Drilling operations are expected to commence early May 2011.

WilPhoenix is in the final stages of a substantial upgrading programme at Remontowa Shipyard in Poland and is scheduled for delivery in April 2011. WilPhoenix is one of Awilco Drilling’s two Enhanced Pacesetter semi-submersibles and is equipped for drilling in water depths up to 1200ft.

Awilco Drilling Limited was incorporated in December 2009 in connection with the acquisition of the two semi submersible drilling rigs, WilPhoenix (previously Arctic II) and WilHunter (previously Arctic IV). The company is registered in England & Wales with its operation based in Aberdeen, Scotland.

Source: Awilco , March 16,, 2011; ‘

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