Brief: Archer Secures Long Term Platform Drilling Contract In UK

Archer

23/09/2022 10:53

Sept 23 (Reuters) - Archer Ltd  ARCHA.OL :
    * SECURES LONG TERM PLATFORM DRILLING CONTRACT IN THE UK
WITH
ESTIMATED VALUE OF $50 MILLION OVER THE FIRM CONTRACT PERIOD
    * SECURED A FIVE YEAR CONTRACT
    * NEW CONTRACT WILL COMMENCE NOVEMBER 1ST, 2022, IN DIRECT
CONTINUATION OF CURRENT CONTRACT AND CONTAINS OPTIONS FOR AN
ADDITIONAL FOUR YEARS

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