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

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Signing of the contract between CROSCO and Marina Petroleum Company

CROSCO Integrated Drilling & Well Services Co. Ltd. is pleased to announce the signing of the contract, on April 8th, 2014 between CROSCO and Marina Petroleum Company for the provision of 2000 HP Drilling Rig Emsco-602 in Egypt. Spud in was successfully performed in the afternoon hours on April 9th, 2014. on Rizk East 1 ST well.  Estimated contract duration is time needed to drill one (1) well.
 

CROSCO has signed three contracts with Bankers Petroleum Company

CROSCO Integrated Drilling & Well Services Co., Ltd. is pleased to announce signing of three (3) contracts on April 8th, 2014 with Bankers Petroleum Albania Ltd., for continuation of works with CROSCO  950 HP drilling rig Ideco-301, 900 HP drilling rig Sky-3 and 750 HP drilling rig Lyb-37. Contract duration is until March 31st, 2018. Drilling services are being provided on the Patos Marinza oil field in Albania. CROSCO has been providing drilling services for Bankers since 2009.
 

Zagreb-1 spud in successfully completed

After 780 miles long tow, CROSCO's semi-submersible drilling rig Zagreb-1 was positioned and anchored on December 14th, 2013 at the offshore location A1-16/3, 128 km northwest from Tripoli. Spud in was successfully performed in the morning hours on December 30th, 2013.
As per signed contract with Total E&P Libye (TEPL), Zagreb-1 rig will be engaged in the Libyan offshore for 250-310 days with the option of extension to cover drilling of two additional wells.
 

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