Songa Offshore SE : Report for the fourth quarter 2016
(Thomson Reuters ONE) -
Songa Offshore SE reports total revenue for the fourth quarter 2016 of USD 187
million and EBITDA of USD 107 million.
"With a strong focus on rig performance and cost efficiency Songa Offshore is
pleased to report another solid operational quarter, where we have had good Cat
D uptime. As for the Songa Enabler, we are pleased that Statoil has accelerated
the start-up from the suspension period from 1 April to early March, and we look
forward to having all four Cat D rigs on operating rate again. During the
quarter we also extended unsecured debt maturities improving 2018 liquidity
significantly", says Songa Offshore CEO, Bjørnar Iversen.
Please find attached the Report and the Presentation for the fourth quarter
2016.
24 February 2017
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 Q4 2016 Report:
http://hugin.info/136777/R/2081639/784212.pdf
Songa Offshore SE Q4 2016 Presentation:
http://hugin.info/136777/R/2081639/784213.pdf
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
Unternehmensinformation / Kurzprofil:
Datum: 24.02.2017 - 08:01 Uhr
Sprache: Deutsch
News-ID 526347
Anzahl Zeichen: 1828
contact information:
Town:
Oslo
Kategorie:
Business News
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