Songa Equinox achieved an operating efficiency of 100% and an earnings efficiency of 100% for the month, working for Statoil in Norway.
Songa Endurance achieved an operating efficiency of 99% and an earnings efficiency of 97% for the month, working for Statoil in Norway.
Songa Encourage achieved an operating efficiency of 100% and an earnings efficiency of 99% for the month, working for Statoil in Norway.
Songa Enabler achieved an operating efficiency of 100% and an earnings efficiency of 96% for the month, working for Statoil in Norway. The rig ended its suspension and was back on operating rate on 4 March 2017. Earnings efficiency excluding the suspension was 98%.
Songa Delta, Songa Dee and Songa Trym are stacked and marketed for new employment.
5 April 2017
Limassol, Cyprus
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.