Odfjell Drilling has today 11. September 2018 signed a contract with Ithaca Energy (UK) Limited for one firm production well, plus optional wells with commencement in either 2019 or 2020 to be mutually agreed, on the UK Continental Shelf ("UKCS").
Commencement of the firm well is scheduled for February 2019 with an expected duration of 115 days and will be followed by a contract on Norwegian Continental Shelf with OMV Norge for a one firm "high pressure high temperature" well ("HPHT-well") as earlier announced.

Deepsea Bergen is currently working for Equinor, which is expected to be completed in December 2018.

About Odfjell

Odfjell is one of the leading players in the global market for seaborne transportation and storage of chemicals and other speciality bulk liquids.

About Ithaca Energy

Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) is a North Sea oil and gas operator focused on the delivery of lower risk growth through the appraisal and development of UK undeveloped discoveries and the exploitation of its existing UK producing asset portfolio. Ithaca’s strategy is centred on generating sustainable long term shareholder value by building a highly profitable 25kboe/d North Sea oil and gas company.