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Pacific Drilling Extends Option to Construct Ultra-Deepwater Drillship

Thursday, Feb 23, 2012

Pacific Drilling S.A. (NYSE: PACD) (NOTC: PDSA) announced today that one of its subsidiaries has reached an agreement with Samsung Heavy Industries to extend an option to construct a seventh ultra-deepwater drillship until March 2, 2012, on the same commercial terms including a delivery date of May 17, 2014.

Source: Business Wire

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