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North Atlantic Drilling, of which Seadrill (SDRL -0.5%) has a 74% ownership interest, receives a...

North Atlantic Drilling, of which Seadrill (SDRL -0.5%) has a 74% ownership interest, receives a letter of intent from ExxonMobil (XOM) securing a contract extension for the harsh environment semi-submersible drilling unit West Alpha that will keep the rig employed to Q3 2016. Estimated revenue value of the extension is $410M.
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  • CaptKorn
    , contributor
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    Every little bit helps!
    28 Jun 2012, 04:47 PM Reply Like
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