AGR extends Transocean Prospect contract

AGR Group has extended its contract for the Transocean Prospect until September 2008.

Offshore staff

GARDEN GROVE, California -- AGR Group has extended its contract for the Transocean Prospect until September 2008. AGR will manage at least five additional wells for clients Antrim, Bow Valley, Granby, and Nautical in 2008 with the vessel.

The combined project value of the extension to the rig contract is over £70 million ($138 million).

01/15/2008

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