Fleet update

Songa Venus has achieved operating efficiency of 100% in May. The rig
is operating for Shell Australia offshore North West Australia.

Songa Mercur has achieved operating efficiency of 99% in May. The rig
continues its work for Santos offshore North West Australia.

Songa Saturn has achieved operating efficiency of 99% in May. The rig
continues to  operate under  the Nippon  led consortium  contract  in
Libya, and have  started on  the third  out of  four firm  consortium
wells, this time for Petrobras

Songa Delta has achieved operating efficiency of 99% in May; the  rig
finished its contract working for  StatoilHydro at the Tune Field  on
May 26,  had an  immediate  start up  for  Wintershall /  Det  norske
oljeselskap. The first well is at the Grosbeak field.

Songa Trym has achieved operating efficiency  of 98% in May; the  rig
continues to operate for StatoilHydro at the Troll Field.

Songa Dee is currently  undergoing its 5  year SPS (Special  Periodic
Survey) at the CCB yard outside Bergen. The Company have received the
SUT/AOC certificate  and  the  rig is  undergoing  final  testing  of
equipment.


Oslo, 2009-06-05


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