ADES has entered a jackup drilling contract offshore Nigeria with Valiant Offshore Contractors with an estimated value of $21.8 million.

The Admarine 504 will drill and complete six wells for local operator Brittania-U, with the year-long program set to start during the second quarter.

ADES and Valiant (its in-country partner) will jointly manage rig operations; ADES will provide the rig, its senior crew and management systems to Valiant against a charter fee.

Valiant in turn will perform its drilling duties under its contract with Brittania-U.