SDRL - Seadrill dispose of the jack-up rig West Ceres>
SDRL - Seadrill dispose of the jack-up rig West Ceres
(Thomson Reuters ONE) - Seadrill has today exercised its right to repurchase the jack-updrilling rig West Ceres from a subsidiary of Ship FinanceInternational Ltd, for the pre-agreed price of US$135.5 million.Furthermore, Seadrill has subsequently entered into a memorandum ofagreement to sell the jack-up rig to a reputable Middle East drillingcompany for a consideration of US$175 million plus an additional US$3 million for inventory related to West Ceres. Seadrill is expectedto record a gain on sale of approximately US$20 million in the thirdquarter 2009. Closing of the agreement and transfer of ownership ofthe unit is scheduled to early July 2009.West Ceres is presently unemployed and is located offshore Ghana inWest Africa.Analyst contactJim DaatlandVP Investor RelationsSeadrill Management AS+47 51 30 99 19Media contactTrond BrandsrudChief Financial OfficerSeadrill Management AS+47 51 30 99 19Seadrill LimitedHamilton, BermudaJuly 3, 2009This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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Datum: 03.07.2009 - 06:11 Uhr
Sprache: Deutsch
News-ID 1002183
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