Songa Offshore SE : Report for the fourth quarter 2015

Songa Offshore SE reports total revenue for the fourth quarter 2015 of USD 159 million and EBITDA of USD 103 million.

"We have put behind us a very busy quarter with the two first Cat D rigs, Songa Equinox and Songa Endurance, commencing drilling operations and the delivery of Songa Encourage. While we experienced startup challenges with Songa Equinox and Songa Endurance, the legacy fleet had another quarter with 100% operational uptime and with further reductions in operating cost.", says Songa Offshore CEO, Bjørnar Iversen.

Please find attached the Report and the Presentation for the fourth quarter 2015.

26 February 2016
Limassol, Cyprus

Board of Directors
Songa Offshore SE

Questions should be directed to:
Bjørnar Iversen, CEO (+357 99649152)
Jan Rune Steinsland, CFO (+47 97052533)

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.