Songa Venus secures contract with Total E&P...

Songa Offshore is pleased to announce that a firm drilling contract has been
agreed and signed with Total E&P Australia for their use of Songa Venus for the
upcoming Drilling Campaign on the North Western Shelf of Australia. The program
consists of two firm wells plus one Optional well, the firm part of the contract
has an estimated duration of 110 to 140 days and the firm part of contract is
expected to generate aggregate revenues between USD 30 and USD 40 million.

The contract with Total E&P Australia will commence in direct continuation of
the rig's current program for Shell Development (Australia).

Limassol, 6 May 2010

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


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