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http://www.scandoil.com/moxie-bm2/news/coslgift-sets-sail-to-southeast-asia-to-start-oper.shtml

COSLGift sets sail to Southeast Asia to start operation

China Oilfield Services Limited announced that COSLGift, the jack-up rig newly acquired by the Group, had completed construction, been

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China Oilfield Services Limited-3

China Oilfield Services Limited announced that COSLGift, the jack-up rig newly acquired by the Group, had completed construction, been delivered and has set sail to Southeast Asia to perform operations there.

COSLGift, acquired in August 2013, is a high-end jack-up rig of the same model as COSLHunter which was delivered in early December 2013. This is among one of world's mainstream jack-up rig models. COSLGift is capable of operating at water depths of 375 feet and perform drilling operations at depths of up to a maximum of 30,000 feet, with maximum persons count on board at 124 crew members and a variable load of 3,500 tonnes. It sets sail to Southeast Asia and is expected to start operation in mid-to-late January 2014, while its sister COSLHunter had been towed to Gulf of Mexico to perform operation in early December 2013.

Tags: China Oilfield Services Limited