Contract for KS Drilling

Singapore: Atlantic Onshore Services, a subsidiary of KS Drilling, has signed a new contract with OP Hawler Kurdistan, a subsidiary of Canada’s ORYX Petroleum, for the provision of drilling services with the KS Discoverer 1, the group’s 1,500 hp onshore drilling rig. Drilling operations are expected to continue in Kurdistan until the first quarter of 2015.

The expected value of the new contract is approximately $4.5m.  [15/10/14]

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