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OTHERS PERISAI PETROLEUM TEKNOLOGI BHD ("PERISAI" OR "THE COMPANY") PROVISION OF JACK UP DRILLING RIG PERISAI PACIFIC 101 FOR SAMARANG DRILLING CAMPAIGN (CONTRACT) - LETTER OF CONTRACT AMENDMENT AND CONTRACT EXTENSION NO. 1

PERISAI PETROLEUM TEKNOLOGI BHD

Type Announcement
Subject OTHERS
Description
PERISAI PETROLEUM TEKNOLOGI BHD ("PERISAI" OR "THE COMPANY") 
PROVISION OF JACK UP DRILLING RIG PERISAI PACIFIC 101 FOR SAMARANG DRILLING CAMPAIGN (CONTRACT)
-	LETTER OF CONTRACT AMENDMENT AND CONTRACT EXTENSION NO. 1

Further to the announcement made on 2 December 2019 (“Announcement”) in respect of the Letter of Contract Amendment and Contract Extension No. 1, the Board of Directors of Perisai wishes to clarify and furnish the following additional information to Item No. 3 of the Announcement:-

 

ITEM 3 OF THE ANNOUNCEMENT

- VALUE AND DURATION OF CONTRACT

 

The contract duration will be for a further period of two (2) wells as follows:-

 

Contract Duration

 

Two (2) wells (estimated duration of 58 days)

Commencement Date

PETRONAS Carigali shall give POSB a written notice of three (3) days prior to the commencement date of operations.

 

Completion Date

 

Approximately end of May 2020.

 

This announcement is dated 5 December 2019.

 

 






Announcement Info

Company Name PERISAI PETROLEUM TEKNOLOGI BHD
Stock Name PERISAI
Date Announced 05 Dec 2019
Category General Announcement for PLC
Reference Number GA1-05122019-00030