High Island IX

escveritas
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High Island IX

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Dubai, May 06, 2021 – Shelf Drilling, Ltd. (“Shelf Drilling” or the “Company”, OSE: SHLF) announced today that it has secured a ten-year contract extension for the High Island IX jack-up rig in direct continuation of its current contract in the Arabian Gulf. The contract dayrate allows for annual rate adjustments based on the previous 12-month average Brent crude oil price.

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Following this extension, the expected availability of the rig is June 2031
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