Northern Offshore returns to UK North Sea

Feb. 20, 2013
ADTI has contracted Northern Offshore’s jackup Energy Endeavour for a one-well program in the UK North Sea.

Offshore staff

HOUSTON – ADTI has contracted Northern Offshore’s jackup Energy Endeavour for a one-well program in the UK North Sea.

Drilling is expected to start in mid-June and will likely last 60 days. Contract value for the anticipated term is about $9.3 million.

Gary W. Casswell, Northern Offshore’s president and CEO, said: “This contract for theEnergy Endeavour represents our expected increase in day rates, marks our return to the UK sector of the North Sea, and positions the unit in a strong market with additional future opportunity.”

2/20/2013