AGR to Manage Genel’s Drilling Ops in Africa

AGR to Manage African Drilling Campaign Program

On Wednesday 1st of May 2013 Genel Energy announced the signing of a contract with Noble Corporation for the drilling of its African Offshore drilling campaign, commencing last quarter 2013.

Subject to final contract negotiations, AGR will manage the drilling program for the duration of this campaign.

The Noble Paul Romano deepwater, semi-submersible rig will be used to deliver a high impact drilling campaign over a 2 year period, starting in the last quarter of 2013. The rig, which is currently undergoing a special 5 year class survey in Valletta, Malta, has a rated water depth of up to 1,800 metres and a drilling depth of approximately 7,500 metres.

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 May 2, 2013