Songa Mercur secures contract with Eni China B.V.

Songa Offshore is pleased to announce that a firm drilling contract has been
agreed and signed with Eni China B.V. for their use of Songa Mercur for the
upcoming drilling campaign offshore China. The program consists of one firm well
plus two optional wells.  The firm part of the contract has an estimated
duration of 44 days with aggregate revenue of approximately USD 12 million plus
a contractual demobilization to Singapore.

The contract with Eni China will commence in direct continuation of the rig's
current commitment and subsequent demobilization from Gazflot (Sakhalin,
Russia).

Limassol, 12 May 2010

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


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