PDR ASA - CONTRACT FOR PETROJACK II - ADDITIONAL INFORMATION

Reference is made to the stock exchange notice of
today.

Additional information;

The rig must be delivered to the Charterer from the
shipyard within 100 days after planned delivery of
25 March 2008. If delivery is later the Charter has
the right to terminate the agreement.

In addition to Charterer`s option to purchase the
rig at the price of USD 200 mill., Petrojack II Pte
Ltd. has the option to sell the rig after 12 months
at the same price.

Petrolia Drilling ASA owns 39,95% of the
outstanding shares in Petrojack ASA.



For further information - please contact
Mr. Lars Moldestad : phone +47 906 99 197.


Bergen/Oslo, 06 February 2008
Board of Directors of Petrojack ASA