Prosafe SE: Operational update for Q4 2012 and contract extensions
(Thomson Reuters ONE) -
Rig utilisation in the fourth quarter of 2012 was 82 per cent. Safe Scandinavia,
Safe Concordia, Safe Astoria, Safe Lancia, Jasminia, Safe Hibernia, Safe
Britannia, Safe Regency and Safe Bristolia have been on contract throughout the
fourth quarter.
Safe Concordia is operating on a long-term contract in Brazil. In the fourth
quarter the average effective dayrate was approximately USD 137,000.
Safe Caledonia remained at the yard throughout the fourth quarter undertaking a
life extension upgrade.
Regalia was off-hire and at the yard undertaking maintenance work during the
fourth quarter. The operating cost has been slightly higher than in normal
operation.
The first of four one-month options for Regalia for operations in 2014 has been
exercised by Statoil. This declared option has a value of USD 9.3 million. The
remaining three options are subject to availability of the Regalia.
Prosafe and BP Norge AS have agreed to further extend the Safe Scandinavia's
operations at Valhall until 7th February 2013. The value of the seven-day
contract extension is USD 2.1 million.
Prosafe is the world's leading owner and operator of semi-submersible
accommodation/service rigs. Operating profit reached USD 192.3 million in 2011.
The company operates globally, employs 550 people and is headquartered in
Larnaca, Cyprus. Prosafe is listed on the Oslo Stock Exchange with ticker code
PRS. For more information, please refer to www.prosafe.com.
Larnaca, 22 January 2013
Georgina Georgiou, General Manager
Prosafe SE
For further information, please contact:
Karl Ronny Klungtvedt, Chief Executive Officer
Prosafe Management AS
Phone: + 47 51 64 25 81
Sven Børre Larsen, Chief Financial Officer
Prosafe Management AS
Phone: +47 909 43 673
Cecilie Helland Ouff, Finance and IR Manager
Prosafe AS
Phone: +47 51 64 25 20
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: Prosafe SE via Thomson Reuters ONE
[HUG#1672164]
Unternehmensinformation / Kurzprofil:
Datum: 22.01.2013 - 11:59 Uhr
Sprache: Deutsch
News-ID 221844
Anzahl Zeichen: 2798
contact information:
Town:
Larnaca
Kategorie:
Business News
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