HAMILTON, Bermuda, April 23, 2007 (PRIME NEWSWIRE) -- Seadrill has been awarded a contract by Candax Energy Inc. through its subsidiary Ecumed Petroleum Tunisia Limited for an assignment in Tunisia with the jack-up drilling rig West Titania. The three wells plus one re-entry firm assignment has an estimated duration of 120 days, excluding mobilization from West Africa. Total contract value is estimated to approximately US$18 million, excluding mobilization. Start-up of operations is scheduled in the beginning of June 2007.
Seadrill Limited Hamilton, Bermuda April 23, 2007