Seadrill's Indonesian fleet update

Wednesday, May 27 2009 - 01:16 AM WIB

The following is excerpt from Seadrill monthly fleet update as of May 26, 2009:

Rig Name Generation/
type
Built Water depth
Drilling depth
Location Client Current contract Previous
(feet) (feet) Start Expire Dayrate
US$
Dayrate
US$

West Aquarius

6th-HE

2009

10,000

35,000

Worldwide - Indonesia

Exxon*

Feb-09

Feb-13

529 500

?

West Berani Semi-submersible 2006 6,500 30,000 Indonesia ConocoPhillips Jan-09 Dec-11 165,000 126,000
                     
Note: * For West Aquarius a mobilization fee of US$8.2 million will be taken to income over the contract period.
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