Archer Limited : Archer secures drilling contract with Pampa Energy in Argentina
Hamilton, Bermuda (June 14, 2018) Archer Limited announces that Pampa Energy S.A. has awarded Archer's wholly owned subsidiary DLS Archer Ltd. a 3 year contract, commencing August 1st of this year, for the provision of land drilling services for DLS Archer Rig 165 in the Vaca Muerta region of Argentina. In addition to the firm contract term, two additional three-year extension options are available. DLS Archer Rig 165 recently came off contract with another client, and has been working in the Vaca Muerta region the last three years. "The exciting shale play of Vaca Muerta is