Seadrill reports Indonesia drilling contract

Seadrill Ltd. reports a contract from Serica Energy for jackup rig Seadrill 5 off Indonesia.

Offshore staff

(Bermuda) -- Seadrill Ltd. reports a contract from Premier Natuna Bea BV for jackup rigSeadrill 5 off Indonesia.

The contract includes five wells to begin about May 2007 for a duration of 135 days, and will be a continuation of a prevailing commitment. The contract is valued at $26 million.

6/28/06

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