SDRL - Heads of Agreement for potential puchase of Songa
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.
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Source: Seadrill Limited via Thomson Reuters ONE
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