Seadrill Limited
OSLO : SDRL

September 01, 2011 04:27 ET

SDRL - Seadrill participates in Archer private placement

HAMILTON, BERMUDA--(Marketwire - Sep 1, 2011) - Seadrill Limited has been allocated 14,500,000 shares at a subscription price of NOK30 per share in a Private Placement in Archer Limited.

Following the Private Placement Seadrill Limited owns 145,778,446 shares, corresponding to 39.81% of the issued and outstanding shares in Archer Limited.

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#1543364]

Contact Information

  • Seadrill
    +47 51 30 99 00