Songa Venus achieved operating efficiency of 100% during the operational part of
the month. The rig completed the program for Total E&P in Australia May 29 and
is currently underway to Labuan, Malaysia and is actively marketed for work in
the South East Asia region.
Songa Mercur achieved operating efficiency of 100% during the operational part
of the month. The rig commenced the 180 day contract and tow from Singapore to
Sakhalin on May 19. The rig is currently underway to Busan, Korea for fuelling,
crew change, equipment load out and preparation before heading to Gazflot LLC
Sakhalin location.
Songa Dee achieved operating efficiency of 66% during the month. The rig
suffered downtime on two different vital systems during the period. The issues
were rectified and the rig continued in regular operations. Songa Dee continues
operations for Marathon / Lundin in Norway.
Songa Delta achieved operating efficiency of 100% during the month. The rig
continues to operate for Wintershall / Det Norske Oljeselskap in Norway.
Songa Trym has achieved operating efficiency of 100% during the month. The rig
continues to operate for Statoil in Norway.
Songa Eclipse remains under construction at Jurong Shipyard in Singapore, the
rig was Christened on 28 May and overall construction and commissioning
activities are progressing. The Company continues marketing the rig and has
several specific contracts targeted for immediate start up after commissioning
and delivery.
6 June 2011
Limassol, Cyprus
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Songa Offshore SE via Thomson Reuters ONE
[HUG#1521549]
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