Bermuda, July 29 -- Borr Drilling Limited announced that BC Ventures Limited ("BC Ventures"), a 50/50 joint venture between the Company and its long-term well construction partner in Mexico, has completed the previously announced acquisition of five premium jack-up rigs from Fontis Finance Ltd. for a total purchase price of $287 million.Under the transaction, BC Ventures has acquired the rig-owning entities of two Friede & Goldman JU-2000E design rigs (Oberon and Titania FE) and three LeTourneau Super 116-C design rigs (Courageous, Defender, and Intrepid). These five rigs are currently located in Mexico.BC Ventures has financed the acquisition through (i) a $237 million non-recourse seller's credit and (ii) a $25 million cash contribution f...