SDRL - Heads of Agreement for potential puchase of Songa Eclipse HAMILTON, BERMUDA -- (Marketwire) -- 10/22/12 -- Seadrill has entered into a Heads of Agreement ("HoA") with Songa Offshore SE for a potential purchase of the ultra deepwater semi-submersible rig "Songa Eclipse". The HoA has certain subjects, hereunder board approval from Seadrill and Songa. A key element in the HoA is that Seadrill is granted exclusivity up to 15 November 2012 to carry out a due diligence of all adequate issues related to the "Songa Eclipse". This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters 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: Seadrill Limited via Thomson Reuters ONE [HUG#1650926] Analyst contact Rune Magnus Lundetrae Chief Financial Officer Seadrill Management AS +47 51 30 99 19 Media contact Alf Thorkildsen Chief Executive Officer Seadrill Management AS +47 51 30 99 19
SDRL - Heads of Agreement for potential puchase of Songa
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