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SDRL - North Atlantic Drilling Ltd. announces extension of contract for West Epsilon

Friday, Dec 21, 2012

North Atlantic Drilling Ltd., a majority owned subsidiary of Seadrill Limited, announced today that Statoil has exercised its option to extend the contract for the heavy-duty harsh environment jack-up rig West Epsilon by two years from December 2014 to December 2016. The estimated value of the contract extension is US$215 million.

Source: North Atlantic Drilling Ltd.

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