Hess extends rig MTR-1 contract

Hess has extended its contract with MTR-1 Ltd. for the tender drilling rig MTR-1 to cover additional drilling services for a further period of between 100 to 180 days.

Offshore staff

BANGKOK -- Hess has extended its contract with MTR-1 Ltd. for the tender drilling rig MTR-1 to cover additional drilling services for a further period of between 100 to 180 days.

The extension began on Feb. 10 and will earn MTR-1 revenues of between $10 million to $20 million, including demobilization.

03/09/2009

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