January 16, 2018 / 2:07 PM / a month ago

BRIEF-Archer ‍wins 3 year platform drilling management service contract from Apache

Jan 16 (Reuters) - Archer Ltd:

* APACHE AWARDS NEW PLATFORM DRILLING MANAGEMENT CONTRACT WITH ARCHER FOR THE FORTIES AND BERYL FIELDS UNTIL Q4 2020

* ‍NEW FIXED TERM CONTRACT ENSURES ARCHER‘S CONTINUED OPERATIONS FOR APACHE ON UKCS UNTIL AT LEAST DECEMBER 31ST 2020

* In addition to the firm contract term, two additional two-year extension options are available Source text for Eikon: Further company coverage: (Reporting by Henrik Stolen)

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