Songa Offshore SE : November fleet update

Songa Dee achieved an operational efficiency of 100% and an earnings efficiency of 99% working for Statoil in Norway.

Songa Delta achieved an operational efficiency of 96% and an earnings efficiency of 95% for the month working for Statoil in Norway.

Songa Trym achieved an operational efficiency of 100% and an earnings efficiency of 96% for the period 1 to 15 November working for Statoil in Norway. The rig is currently being stacked, while marketed for new employment, following early cancellation of the drilling contract.

Songa Equinox commenced drilling operations on 7 December 2015 under its eight-year drilling contract with Statoil at the Troll Field on the Norwegian continental shelf.

Songa Endurance arrived in Norway on 3 December 2015 and is currently preparing for the Acknowledgement of Compliance (AoC) and the client's Acceptance Test Procedure (ATP).

8 December, 2015
Limassol, Cyprus