Songa Venus achieved an operational efficiency of 100% and an earnings
efficiency of 97% during the month working for Mubadala Petroleum in Malaysia.
Songa Mercur achieved an operational efficiency of 100% and an earnings
efficiency of 99% during the month working for Idemitsu in Vietnam.
Songa Trym achieved an operational efficiency of 100% and an earnings efficiency
of 97% during the month working for Statoil in Norway.
Songa Dee achieved an operational efficiency of 100% and an earnings efficiency
of 94% during the month working for Statoil in Norway.
Songa Delta achieved an operational efficiency of 100% and an earnings
efficiency of 95% working for Statoil in Norway.
The earnings efficiencies of the three rigs operating in the North Sea were all
negatively impacted by the rigs earning a Waiting-on-Weather rate due to
inclement weather for extended periods of the month.
February 5, 2014
Limassol, Cyprus
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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: Songa Offshore SE via GlobeNewswire
[HUG#1759245]
