Report for the second quarter 2011

Songa Offshore SE ("Songa" or the "Company") reports total comprehensive income
for the second quarter of 2011 of USD 21.0 million.

Operating revenue for the second quarter was USD 125.8 million. This includes
mobilization and demobilization revenue of USD 1.9 million.

Total expenses for the second quarter were USD 78.2 million. EBITDA for the
second quarter was USD 50.2 million. Net financial expenses for the second
quarter were USD 5.0 million.

Earnings per share (EPS) and diluted earnings per share (DEPS) for the second
quarter were USD 0.13.

Average number of shares for the quarter was 167,712,544, and as per end of the
period the outstanding number of shares was 167,712,544.

Please see attached Q2 2011 Report.

Limassol, 8 August 2011

Board of Directors

Songa Offshore SE


Questions should be directed to:

Geir Karlsen, CFO [phone] / [phone]



This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.



Songa Offshore SE Q2 2011 Report: 


http://hugin.info/136777/R/1536752/468937.pdf




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Source: Songa Offshore SE via Thomson Reuters ONE

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