SOURCE: Seadrill Limited

December 09, 2009 06:33 ET

SDRL - Seadrill secures contract extension for jack-up West Larissa

HAMILTON, NORWAY--(Marketwire - December 9, 2009) -

Seadrill has agreed a 12 months contract extension with Vietsopetro for the jack-up rig West Larissa for continued work in Vietnam. The extension secures employment for the jack-up throughout 2010 and has an estimated value of approximately US$41 million.

Analyst contact
Jim Daatland
VP Investor Relations
Seadrill Management AS
+47 51 30 99 19

Media contact
Trond Brandsrud
Chief Financial Officer
Seadrill Management AS
+47 51 30 99 19

Seadrill Limited
Hamilton, Bermuda
December 9, 2009

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