UK: Suncor, Awilco Pen LOI for WilHunter Rig

UK-based drilling contractor Awilco Drilling PLC has signed a Letter of Intent (LOI) with Suncor Energy to extend the contract for WilHunter for the drilling of a second firm well estimated at 61 days.

The contract value for the firm well is estimated to be around USD 19.2 million. The second well under the contract is expected to commence in Q1 of 2013.

Previously, in December 2011, Awilco Drilling signed a contract with Suncor Energy UK Limited for the provision of WilHunter for the drilling of one HPHT exploration well.

WilHunter is one of Awilco Drilling’s two Enhanced Pacesetter semi-submersibles and is equipped for drilling in water depths up to 1,500 ft.

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Offshore Energy Today Staff, May 4, 2012