Songa Venus achieved operating efficiency of 100% during the month. The rig
continues to operate for Total E&P in Australia.
Songa Mercur was awarded a 180 day contract with Gazflot LLC for work at
Sakhalin Russia during the month. The rig was berthed in Singapore during the
full month of April and is currently undergoing contract preparation and
equipment reinstatement after the BOP repairs. Contractual rig acceptance is
anticipated to be completed during the month with immediate commencement of tow
to Sakhalin thereafter.
Songa Dee achieved operating efficiency of 92% during the month. The rig
continues operations for Marathon / Lundin in Norway.
Songa Delta has achieved operating efficiency of 99% during the month. The rig
continues to operate for Wintershall / Det Norske Oljeselskap in Norway.
Songa Trym has achieved operating efficiency of 99% during the month. The rig
continues to operate for Statoil in Norway.
Songa Eclipse remains under construction at Jurong Shipyard in Singapore,
overall construction and commissioning activities are progressing. The Company
continues marketing the rig and has several specific contracts targeted for
immediate start up after commissioning and delivery.
04 May 2011
Limassol, Cyprus
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Songa Offshore SE via Thomson Reuters ONE
[HUG#1512171]
