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Global Petro Tech has signed a contract with
COSL for JackUp COSLForce.
The contract term is three years plus
nine-month option charter.The unit is presently on standby
in Sharjah, UAE, awaiting final approvals. It is expected to
mobilize to the first drilling location in the next week or
so. As with jackups COSLCraft and COSLSuperior, which
mobilized to the Middle East in late 2009, the nine-month
option on COSLForce is due for exercise six months prior to
the end of the firm charter. |
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