Feb 23 (Reuters) - Deep Value Driller AS DVD.OL :
* ANNOUNCE ENTRY INTO A BAREBOAT CHARTER "DEEP VALUE
DRILLER"
BETWEEN CO'S SUBSIDIARY, DEEP VALUE DRILLER LTD AND SAIPEM
* CONTRACT ADDS APPROXIMATELY USD 160 MILLION OF FIRM
REVENUE
BACKLOG TO GROUP
* CONTRACT COVERS AN ESTIMATED FIRM PERIOD OF APPROXIMATELY
3
YEARS
* DVD LTD HAS ENTERED INTO A USD 75 MILLION SENIOR SECURED
TERM
LOAN FACILITY AGREEMENT
Source text for Eikon: ID:nObil5WP8a
Further company coverage: DVD.OL
((Reuters.Briefs@thomsonreuters.com;))