Japan Drilling Co., Ltd. (JDC) is pleased to announce that its subsidiary company “Hakuryu 5, Inc.†has entered into a drilling contract with PTTEP International Limited for the provision of a semi-submersible drilling rig “HAKURYU-5â€.
The main terms of the drilling contract are as follows:
| 1. Operating Area | ：Andaman Sea, Myanmar |
| 2. Period of Contract | ：Approximately 283 days |
| 3. Estimated Commencement Time | ：Around March-April 2020 |
Source: Japan Drilling Company
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