Songa Offshore SE : June fleet update

Songa Offshore SE : June fleet update

ID: 481720

(Thomson Reuters ONE) -


Songa Dee achieved an operational efficiency of 100% and an earnings efficiency
of 99% for the month, working for Statoil in Norway.

Songa Delta achieved an operational efficiency of 100% and an earnings
efficiency of 99% for the month, working for Statoil in Norway. The previously
announced suspension for the rig is currently estimated to be from 20 July to
20 August 2016.

Songa Trym is currently stacked, while marketed for new employment.

Songa Equinox achieved an operational efficiency of 100% and an earnings
efficiency of 100%, working for Statoil in Norway.

Songa Endurance achieved an operational efficiency of 89% and an earnings
efficiency of 89% for the month, working for Statoil in Norway. The rig
performed four days of planned maintenance during the month.

Songa Encourage achieved an operational efficiency of 100% and an earnings
efficiency of 99% for the month.

Songa Offshore took delivery of Songa Enabler on 31 March 2016. The rig arrived
Norway 28 June, and is currently preparing for the Acknowledgement of Compliance
(AoC) process and the client's Acceptance Test Program (ATP).


6 July, 2016
Limassol, Cyprus


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



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#2025679]






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Datum: 06.07.2016 - 08:00 Uhr
Sprache: Deutsch
News-ID 481720
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