Thefunds were secured from four lenders comprising DNB Asia, ABN Amro Bank, NIBCBank and Singapore government-backed Clifford Capital.

The facilitywill be used as final payment upon delivery by Cosco Guangdong Shipyard for thefirst two tender rigs ordered in 2012.

Energy Drilling says deliveryof the first unit is imminent and it expects to take delivery of the secondunit in July.

“Withthe signing of this facility, Energy Drilling is now fully funded to takedelivery of the first two units and undertake drilling operations for theintended markets,” the company said.

“Bothunits