Quarter 3

October 10, 2019

A Letter of Award has been received for deployment of jack-up rig ABAN II from ONGC for a firm period of three years. The deployment is expected to commence during the second quarter of the Calendar year 2020.

October 1, 2019

An application filed against the Company by one of the financial creditors under Section 7 of Insolvency & Bankruptcy Code stands withdrawn.