, October 08, 2015

Appointment of Directors

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8 OCTOBER 2015

EURASIA DRILLING COMPANY LIMITED

APPOINTMENT OF DIRECTORS

MOSCOW, October 8, 2015 - Eurasia Drilling Company Limited ("EDC" or the "Company" - LSE: EDCL) announces that based on Article 73A of the Articles of the Company, the Board appointed Messrs Murat Sampiev, Alexander Bogachev and Taleh Aleskerov as Directors to fill current vacancies on the Board. Murat Sampiev will be a Class I Director, Alexander Bogachev will be a Class I Director and Taleh Aleskerov will be a Class II Director.

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EDC is the largest provider of onshore drilling services in Russia, as measured by the number of metres drilled, providing onshore integrated well construction services and workover services.  The Company also provides offshore drilling services in the Caspian Sea and is the largest provider of such services in the sectors where it operates based on the number of jack-up drilling rigs. The Company offers its onshore integrated well construction services and workover services to local and international oil and gas companies primarily in Russia and its offshore drilling services to Russian and international oil and gas companies in the Russian, Kazakh and Turkmen sectors of the Caspian Sea. In addition, the Company provides onshore drilling services in Iraq. The Company is traded on the London Stock Exchange under the symbol "EDCL".

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Enquiries:

Eurasia Drilling Company Limited

Tom O'Gallagher, VP Investor Relations

+44 (0) 207 717 9707

investors.relations@eurasiadrilling.com

 

Hudson Sander (media enquiries for the Company)

Andrew Hayes / Elena Garside

+44(0) 20 7796 4133

 

Next: 08 October 2015: Announcement of Merger