OREANDA-NEWS. Eurasia Drilling Company Limited (“EDC” or the “Company” - LSE: EDCL), the leading onshore and offshore drilling service provider in the CIS, has been notified that S. Douglas Stinemetz, General Counsel of EDC, purchased 2,560 GDRs of the Company at a price of USD 39.00 per GDR on October 8, 2013. After this transaction, Mr. Stinemetz's total holdings in the Company amount to 24,892 GDRs (equivalent to 24,892 common shares), representing approximately 0.02% of the Issued and Outstanding Shares of the Company.

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 work over 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 work over 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”.