Velesto secures new drilling contract in Indonesia


KUALA LUMPUR: Velesto Energy Bhd has secured a new drilling contract from PC Ketapang II Ltd, PC North Madura II Ltd, and PETRONAS North Ketapang Sdn Bhd for its NAGA 8 jack-up rig in Indonesia.

In a statement, Velesto said the contract covers 12 firm well and three optional wells.

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Velesto , NAGA 8 , jack-up rig , drilling , Indonesia

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