Perisai revealed its 51%-owned subsidiary Perisai Offshore had agreed with Hess to extend the farm-out of the jack-up Perisai Pacific 101 for up to an additional 54 days, until 15 August.
In a separate release, Perisai said that assuming the whole duration of the farm-out extension was utilised, the value of the extension was roughly $5.3 million.
Hess struck an initial $26.9
