Brief: S.D Standard Drilling invests $2.7 million in PSV market

SD Standard Etc

26/10/2016 13:06

Oct 26 (Reuters) - S.D Standard Drilling Plc  SDSD.OL : 
    * Increases its investment in PSV market  
    * Has invested $2.7 million, corresponding to 20 pct ownership, in PSV Opportunity II DIS  
(PSV) 
    * PSV owns two mid-size PSV vessels 
    * Aggregated purchase price for two vessels is $10.8 million 
    * PSV will be financed by equity only 
 
Source text for Eikon:  ID:nObiwsR6da  
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