Songa Offshore SE : December fleet update

Songa Offshore SE : December fleet update

ID: 515695

(Thomson Reuters ONE) -


Songa Equinox achieved an operational efficiency of 100% and an earnings
efficiency of 98% for the month, working for Statoil in Norway.

Songa Endurance achieved an operational efficiency of 100% and an earnings
efficiency of 98% for the month, working for Statoil in Norway.

Songa Encourage achieved an operational efficiency of 92% and an earnings
efficiency of 88% for the month, working for Statoil in Norway. The rig
performed three days of planned maintenance as well as being on waiting-on-
weather rate for extended periods during the month. See also separate press
release dated 2 January 2017 regarding water leakage in pump room.

Songa Enabler achieved an operational efficiency of 100% and an earnings
efficiency of 97% for the month, working for Statoil in Norway. The previously
announced suspension period commenced on 29 December 2016 and is estimated to
end on 1 April 2017.

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


4 January 2017
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: 04.01.2017 - 08:30 Uhr
Sprache: Deutsch
News-ID 515695
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