NEWS

SUCCESSFUL OPERATIONS WITH TULLOW OIL COMPLETED

Island Drilling Company is pleased to announce the successful completion of its recent contract with Tullow Oil. The operations, conducted in Mauritania from August 16th to October 15th, were carried out in water depths ranging from 208 meters to 1200 meters using dynamic positioning (DP) alone.

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OPTIONAL WORK EXERCISED BY PETROFAC

Petrofac has exercised its contracted rig hire option on one (1) further well as Well Management Contractor for the Tullow P&A campaign on PSC-A Banda and PSC-B Tiof Wells offshore Mauritania. The total work is now for five (5) well re-entries.

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CONTRACT AWARD WITH DANA PETROLEUM (E&P) LIMITED

Island Drilling Company is pleased to announce that we have signed a contract with Dana Petroleum (E&P) Limited to provide the Island Innovator drilling unit and associated services for a work program in the UK in 2023. The commencement is in April 2023.

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