January Fleet Update

Songa  Venus has achieved operating efficiency  of 96% during the month. The rig
completed  its last well under contract  with ADA Consortium offshore North West
Australia on 18 January, thereafter demobilized to Singapore where it arrived on
30 January  and  is  currently  undergoing  its  Special Periodic Survey ("SPS")
inspections.

Songa  Mercur has achieved operating efficiency of 98% during the month. The rig
completed  its last well under the  contract with Oilex in Australian/Timor JPDA
area  on 29 January, and is currently  demobilizing under tow to Singapore where
it will undergo its SPS.

Songa  Saturn has achieved operating efficiency of 72% during the month. The rig
completed  its mobilization  to Equatorial  Guinea, arriving  15 January, and is
currently working on the first out of two firm wells for CNOOC.

Songa  Dee has achieved  operating efficiency of  79% during the month. Further,
the rig suffered under a collision by supply vessel Far Grimshader on 18 January
and  resumed operations  after this  incident on  27 January; for the purpose of
calculating  the operating  efficiency rate  for this  period, Songa has assumed
that  the standby rate and  conditions will apply. The  rig continues to operate
for Marathon / Lundin in Norway.

Songa  Delta has achieved operating efficiency  of 97% during the month. The rig
is currently working for Wintershall / Det Norske Oljeselskap in Norway.

Songa  Trym has achieved  operating efficiency of  98% during the month. The rig
continues to operate for Statoil in Norway.

Limassol, 8 February 2010

About Songa:

Songa  is a provider of offshore drilling services.  With its fleet of six rigs,
it  currently operates in the  North Sea, offshore North  and West Australia and
offshore North and West Africa.  Songa is headquartered in Limassol, Cyprus.

Forward   Looking  Statements:  Certain  statements  in  this  announcement  are
forward-looking.  These  forward-looking  statements  represent expectations for
Songa's business and results of operations, and involve risks and uncertainties.
These  forward-looking statements are based on current expectations, assumptions
and projections about future events.  Because these expectations and assumptions
involve  known and unknown risks, uncertainties  and other factors, which are in
some  cases beyond  Songa's control,  actual results  or performance  may differ
materially  from those expressed or implied by such forward-looking statements.
Given  the risks and  uncertainties, investors are  cautioned not to place undue
reliance on such forward-looking statements.

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


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