Songa Offshore SE : September fleet update

Songa Offshore SE : September fleet update

ID: 499675

(Thomson Reuters ONE) -


Songa Equinox achieved an operational efficiency of 80% and an earnings
efficiency of 75% for the month, working for Statoil in Norway. Earnings
efficiency excluding the effects of the ongoing strike was 79%.The earnings
efficiency was negatively impacted by preparation activities for winter season
operations and planned maintenance.

Songa Endurance achieved an operational efficiency of 96% and an earnings
efficiency of 86% for the month, working for Statoil in Norway. Earnings
efficiency excluding the effects of the ongoing strike was 95%.

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

Songa Enabler achieved an operational efficiency of 100% and an earnings
efficiency of 96% for the month, working for Statoil in Norway. Earnings
efficiency excluding the effects of the ongoing strike was 99%.

Songa Delta achieved an operational efficiency of 100% and an earnings
efficiency of 96% for the month, working for Statoil in Norway.

Songa Dee achieved an operational efficiency of 100% and an earnings efficiency
of 94% for the operational part of the month, working for Statoil in Norway. The
rig ended its contract on 9 September and is currently stacked, while marketed
for new employment.

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


11 October 2016
Limassol, Cyprus


This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.




Source: Songa Offshore SE via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 11.10.2016 - 08:02 Uhr
Sprache: Deutsch
News-ID 499675
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