Borr Drilling Limited – Announcement of contract extension
Borr Drilling Limited (NYSE and OSE: “BORR”) is pleased to announce it has secured a contract extension for its premium jack-up drilling rig “Mist” from Valeura Energy in Thailand. The contract extension covers a firm term of 9 months starting in direct continuation to the current contract and will maintain the rig contracted through August 2024. The estimated total contract value of this extension is $41 million, excluding unpriced options. Hamilton, Bermuda 23 June 2023 Forward looking statements This press release includes forward looking statements, which do not reflect