Borr drilling limited - announcement of loi for jack-up drilling rig

Hamilton, bermuda , aug. 4, 2022 /prnewswire/ -- borr drilling limited (nyse: borr) (ose: borr) is pleased to announce it has received a binding letter of intent ("loi") for the premium jack-up drilling rig "prospector 5" from an undisclosed operator in west africa. the 6-well firm program is expected to commence during q4 2022 and has an estimated duration of fourteen months plus options.
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