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Kan Tan IV Commences Drilling Contract for AWE in New Zealand

The Frigstad Offshore managed semi-submersible drilling rig Kan Tan IV has started a two well drilling contract for AWE Taranaki Limited offshore New Zealand. The rig has just completed drilling of the Manaia-2 and Matuku-1 wells for OMV New Zealand in the Taranaki basin.

The Kan Tan IV is managed by Frigstad Offshore Drilling (Cyprus) Ltd on behalf of owner Sinopec Star Petroleum Company Ltd. The rig is an Enhanced Pacesetter delivered by FELS in Singapore in 1983, capable of operating in up to 2,000ft of water depth and equipped with a 18-3/4 15K BOP. The rig completed an extensive refurbishment program including 5yr SPS and dry docking at Keppel FELS in Singapore at the end of 2012 and was put back into service in Q1 2013, drilling for Eni in South China Sea before mobilizing to New Zealand to drill for OMW, AWE and Shell-Todd.