Valaris reports new contracts and extensions; backlog $2.46B as of Feb 21, 2023

Valaris Ltd

Shell exercises 330-day option for drillship VALARIS DS-10 at $231,000/day, extending contract to March 2024.
One-year contract for jackup VALARIS 249 offshore Trinidad at $125,000/day; $8.5M mobilization fee.
Eni exercises one-well option for jackup VALARIS 107 at $126,500/day.
ARO Drilling secures five-year bareboat charter for VALARIS 76 (Q1 2024) and three-year for VALARIS 108 (Q3 2023).
Total contract backlog $2.46B; drillships backlog $1.06B, jackups $742M.

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