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Monday, 19 June 2017

NADL - Announces contract award for West Hercules with Siccar Point Energy E&P Limited ("SPE")

North Atlantic Drilling Ltd.    

Published: 13:12 CEST 19-06-2017 /GlobeNewswire /Source: North Atlantic Drilling Ltd. /NYSE: NADL /ISIN: BMG6613P1297

NADL - Announces contract award for West Hercules with Siccar Point Energy E&P Limited ("SPE")

Hamilton, Bermuda, June 19, 2017 - North Atlantic Drilling Ltd has been awarded a one well contract with SPE for Seadrill Limited's semi-submersible West Hercules for work in the United Kingdom, West of Shetland. The contract will commence on 1st April 2018 when SPE will drill and test an appraisal well on the Cambo discovery with the data being used to refine the development project requirements. The minimum backlog for the contract is estimated at US$ 7 million.

 
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.




This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: North Atlantic Drilling Ltd., Par-la-Ville Road 14 PO Box HM 1593, Stavanger 4001, Norway
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