Brief: Deep Value Driller Secures $10 Mln Credit Facility

3030 Dvd AS

20/05/2022 15:19

May 20 (Reuters) - Deep Value Driller AS  DVD.OL :
    * SECURES A USD 10 MILLION SENIOR SECURED CREDIT FACILITY
    * WILL USE PROCEEDS TO KEEP COMPANY'S 7TH GENERATION MOBILE OFFSHORE DRILLING VESSEL WARM
STACKED
AT WESTCON YARD IN ØLENSVÅG IN IMPROVING MARKET
    * IS ALSO WORKING ON A CREDIT FACILITY TO COVER REACTIVATION COST TO MAKE RIG READY TO DRILL
UPON
CONTRACT

Source text for Eikon:  ID:nObi1pWKva 
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