Prospector Offshore Drilling :PR-84 PROS Announces extension of expiry dates for three outstanding r

Prospector Offshore Drilling :PR-84 PROS Announces extension of expiry dates for three outstanding rig construction option agreements

ID: 276911

(Thomson Reuters ONE) -


PROS - Announces extension of expiry dates for three outstanding rig
construction option agreements



Luxembourg, 10 July 2013:  Prospector Offshore Drilling S.A. (the "Company" or
"PROS") announced today the Company has reached an agreement with Dalian
Shipbuilding Industry Offshore Co., Ltd. ("DSIC Offshore") to extend the expiry
dates on two of its rig construction option agreements that were previously due
to expire on 30 June 2013.  These rig construction option agreements ("New
Option Agreement No. One" and "New Option Agreement No. Two"), which were
entered into on 2 April 2011, will now expire on 30 September 2013.



The Company also announced an agreement with Shanghai Waigaoqiao Shipbuilding
Co., Ltd. ("SWS")to extend the expiry date of its third and last remaining rig
construction option agreement with SWS that was previously due to expire on 30
June 2013.  The third outstanding rig construction option agreement ("Option
Agreement No. 3") entered into on 2 July 2011 will now expire on 30 December
2013.



About the Company:

PROS is a high specification jack-up drilling contractor.  PROS currently has
contracts in place for the design, construction and delivery of six JU2000E high
specification, harsh environment ("HS/HE") jack-up drilling rigs.  PROS also has
option agreements for the construction of three additional rigs of the same
design.  Upon deployment of its rigs, PROS, under its proven management team,
will have the newest fleet of HS/HE jack-up rigs in the world, operating with
the most advanced drilling systems available in the industry.



This press release contains forward-looking statements that involve risks and
uncertainties.  You are cautioned not to put undue reliance on forward-looking
statements because actual events and results may differ materially from the




expected results described by such forward-looking statements.  Prospector
Offshore Drilling S.A. disclaims any obligation to update and revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.





For further information, please contact:



Contact:

Robert W. Rose

Chief Executive Officer

Prospector Offshore Drilling S.A.

Tel: +1 281 560 8010




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: Prospector Offshore Drilling via Thomson Reuters ONE
[HUG#1715418]




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Bereitgestellt von Benutzer: hugin
Datum: 10.07.2013 - 03:00 Uhr
Sprache: Deutsch
News-ID 276911
Anzahl Zeichen: 3175

contact information:
Town:

Luxembourg



Kategorie:

Business News



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