New Drilling Contract for "HAKURYU-5" (Myanmar)

Japan Drilling Co., Ltd. (JDC) is pleased to announce that its subsidiary company "Hakuryu 5, Inc." has entered into a drilling contract with PTTEP International Limited for the provision of a semi-submersible drilling rig "HAKURYU-5".

The main terms of the drilling contract are as follows:

1. Operating Area：Andaman Sea, Myanmar

2. Period of Contract：Approximately 283 days

3. Estimated Commencement Time：Around March-April 2020

Semi-sub rig"HAKURYU-5"

Location：Andaman Sea, Myanmar