Dana Petroleum cancels one well Maersk Drilling contract

Dana Petroleum Denmark BV sent notice of early termination for convenience of a one well contract with Maersk Drilling in the Danish sector of the North Sea. The original contract, expected to begin in May 2020, had been previously deferred (OGJ Online Oct.6, 2020). Maersk Drilling expects to receive compensation in the form of a termination fee.