Crosco, Integrated Drilling & Well Services Co., Ltd.

CROSCO Integrated Drilling & Well Services Co., Ltd. is pleased to announce signing of the contract, in March 2013, between CROSCO and Gujarat State Petroleum Corporation Limited, Cairo, Egypt,  for a provision of 2000 HP Drilling Rig Emsco 602 for South Diyur Block, Western Desert, Egypt.
The contract is signed for drilling and possible testing of  two (2) wells or 120 days, whichever is earlier, with the possibility  of term extension for  two (2) optional wells.

CROSCO Integrated Drilling & Well Services Co., Ltd. is pleased to announce extension of the contracts with Bankers Petroleum Albania Ltd., for CROSCO 950 HP drilling rig Ideco- 301, 900 HP drilling rig Sky-3 and 750 HP drilling rig Lyb-37, until the end of the year 2013. Drilling services are being provided on the Patos Marinza oil field in Albania. CROSCO has been providing drilling services for Bankers since 2009.

CROSCO Integrated Drilling & Well Services Co., Ltd. is pleased to announce the contract award for CROSCO semisubmersible drilling unit Zagreb 1 for the provision of offshore drilling services for Total E&P Libye (TEPL), in Libya. Zagreb 1 is scheduled to spud in early 2013. The contract includes drilling of two exploration wells plus two one-well options.

Zagreb 1 is currently at the BrodoTrogir d.d. Shipyard in Croatia undergoing acceptance and testing by TEPL.