Songa Offshore SE : Report for the first quarter 2016

Songa Offshore SE : Report for the first quarter 2016

ID: 474073

(Thomson Reuters ONE) -


Songa Offshore SE reports total revenue for the first quarter 2016 of USD 137
million and EBITDA of USD 71 million.

"Songa Offshore has now taken delivery of all four Cat D rigs. Three rigs have
commenced drilling operations while the fourth rig, Songa Enabler, is expected
to commence its drilling contract in August. We are satisfied to see that our
fleet continues to deliver safe- and cost efficient operations.

During the quarter, the company has completed a comprehensive refinancing, and
we have now strengthen the financial position for the coming years", says Songa
Offshore CEO, Bjørnar Iversen.

Please find attached the Report and the Presentation for the first quarter 2016.



27 May 2016
Limassol, Cyprus

Board of Directors
Songa Offshore SE



Questions should be directed to:
Bjørnar Iversen, CEO (+357 99649152)
Jan Rune Steinsland, CFO (+47 97052533)


This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

Songa Offshore SE Q1 2016 Report:
http://hugin.info/136777/R/2015978/747583.pdf

Songa Offshore SE Q1 2016 Presentation:
http://hugin.info/136777/R/2015978/747584.pdf



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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 GlobeNewswire
[HUG#2015978]






Weitere Infos zu dieser Pressemeldung:
Unternehmensinformation / Kurzprofil:
drucken  als PDF  an Freund senden  Golar LNG Limited - Q1 2016 results presentation Songa Offshore SE : Approved Prospectus and Commencement of the Subsequent Offering
Bereitgestellt von Benutzer: hugin
Datum: 27.05.2016 - 08:00 Uhr
Sprache: Deutsch
News-ID 474073
Anzahl Zeichen: 1935

contact information:
Town:

Oslo



Kategorie:

Business News



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