Pacific Drilling Extends Option to Construct Ultra-Deepwater Drillship

By Allie Wickman
Benzinga Staff Writer
February 22, 2012 6:01 PM

Symbols: PACD

Posted in: News, Commodities, Contracts, Markets

Pacific Drilling S.A. (NYSE: PACD) announced today that one of its subsidiaries has reached an agreement with Samsung Heavy Industries to extend an option to construct a seventh ultra-deepwater drillship until March 2, 2012, on the same commercial terms including a delivery date of May 17, 2014.

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Pacific Drilling Extends Option to Construct Ultra-Deepwater Drillship

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