Sedco 703 semi submersible drilling rig contract signed for browse drilling program

A contract has been signed with Sedco Forex International for the use of the Sedco 703 semi-submersible drilling rig on the forthcoming drilling programme in the Browse Basin leases situated offshore Western Australia, WA-314-P, WAP-315-P and WA-398–P held by Karoon with its joint venture partner ConocoPhillips.