Seadrill Limited
OSLO : SDRL

October 22, 2012 02:44 ET

SDRL - Heads of Agreement for potential puchase of Songa Eclipse

HAMILTON, BERMUDA--(Marketwire - Oct 22, 2012) - 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

[HUG#1650926]

Contact Information

  • 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