Songa Venus achieved operating efficiency of 100% during the month. The rig
completed its well for MEO Australia under contract farm out from Shell
Development (Australia) during the month and the rig commenced mobilization to
Total E&P Australia location to start a 2 firm + 1 option well contract.
Songa Mercur achieved operating efficiency of 98% during the month. The rig
continues to operate for ENI China in China.
Songa Dee achieved operating efficiency of 97% during the month. The rig
continues operations for Marathon / Lundin in Norway. The current contract with
Marathon/Lundin is extended until 11 July 2011 plus the well on progress. This
in order to compensate for lost days caused by the Far Grimshader collision and
the subsequent repair time.
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 91% during the month. The rig
continues to operate for Statoil in Norway.
Songa Eclipse remains under construction at Jurong Shipyard in Singapore.
Overall construction activities are progressing and commissioning activity has
started. The Company continues marketing the rig and has several specific
contracts targeted for immediate start up after commissioning and delivery.
7 January 2011
Limassol, Cyprus
This information is subject of the disclosure requirements acc. to §5-12 vphl
(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#1478077]
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