According to Esgian, an Oslo based company that provides analytical tools for the energy industry, noted that ADES has completed the acquisition of 2015-built PPL Pacific Class 400 Hakuryu-12 (now Admarine 680) from Japan Drilling Company (JDC). The jackup is valued by Esgian Rig Values in the range of $50 – $58 million. The acquisition price is in the range of $43-$45 million, but, as previously reported, drilling equipment worth approximately $7-8 million is not included in the transaction price.
Source: Esgian
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