Songa Offshore SE : May fleet update

Songa Dee achieved an operational efficiency of 100% and an earnings efficiency of 100% for the month, working for Statoil in Norway.

Songa Delta achieved an operational efficiency of 100% and an earnings efficiency of 99% for the month, working for Statoil in Norway.

Songa Trym is currently stacked, while marketed for new employment.

Songa Equinox achieved an operational efficiency of 92% and an earnings efficiency of 91%, working for Statoil in Norway. The rig performed three days of planned maintenance during the month.

Songa Endurance achieved an operational efficiency of 93% and an earnings efficiency of 92% for the month, working for Statoil in Norway.

Songa Encourage achieved an operational efficiency of 100% and an earnings efficiency of 97% for the operational part of month.

Songa Offshore took delivery of Songa Enabler on 31 March 2016. The rig is en route from Korea to Norway and is currently in transit between Namibia and Las Palmas.

6 June, 2016
Limassol, Cyprus

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

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Source: Songa Offshore SE via Globenewswire

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