Songa Offshore SE : November fleet update

Songa Offshore SE : November fleet update

ID: 510748

(Thomson Reuters ONE) -


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

Songa Endurance achieved an operational efficiency of 88% and an earnings
efficiency of 85% 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, working for Statoil in Norway.

Songa Enabler achieved an operational efficiency of 100% and an earnings
efficiency of 90% for the month, working for Statoil in Norway. The rig was five
days on "fishing rate". The announced suspension period is now estimated to
commence late December and end on 1 April 2017.

Songa Delta achieved an operational efficiency of 100% and an earnings
efficiency of 92% for the operating part of the month, working for Statoil in
Norway. The rig ended its contract on 10 November and is currently stacked,
while marketed for new employment.

Songa Dee and Songa Trym are currently stacked, while marketed for new
employment.


5 December 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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Datum: 05.12.2016 - 08:30 Uhr
Sprache: Deutsch
News-ID 510748
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