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1 PRESS RELEASE PERISAI NAMES NEW JACK-UP DRILLING RIG Kuala Lumpur, January 17, 2013: Perisai Petroleum Teknologi Bhd (Stock Code: 0047.KL) today named its new jack-up drilling rig in a ceremony held in the city center. Naming the new drilling rig the “PERISAI PACIFIC 101”, the technologically-advanced jack-up drilling rig marks the company’s maiden investment in the high value drilling business segment. Costing US$208 million and under construction in Singapore by established shipyard, PPL Shipyard Pte Ltd, PERISAI PACIFIC 101 is set to enhance the group's focus on upstream offshore development and production activities. “Our entry into the offshore drilling segment marks the creation of a new business line within our organisation and represents a further value addition to our product and service offerings broadening our presence in the offshore oil and gas value chain,” said Managing Director Izzet Ishak today during the rig-naming ceremony at a leading hotel in Kuala Lumpur, which ...