Jan 19 (Reuters) - Pura Vida Energy Nl PVD.AX :
* Signs conditional term sheet with a rig contractor to fund the costs of a three well
* Rig contractor to fund rig costs for drilling program estimated at US$20mln
* Rig contractor will provide jack-up rig and fund costs of rig for three well program anticipated to commence in second half of 2017 Source text for Eikon: ID:nASX7cZnv4 Further company coverage: PVD.AX