| By Marketwire . |
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| October 22, 2012 02:44 AM EDT |
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HAMILTON, BERMUDA -- (Marketwire) -- 10/22/12 -- Seadrill has entered into a Heads of
Agreement ("HoA") with Songa Offshore SE for a potential purchase of the
ultra
deepwater semi-submersible rig "Songa Eclipse". The HoA has certain
subjects,
hereunder board approval from Seadrill and Songa. A key element in the HoA
is
that Seadrill is granted exclusivity up to 15 November 2012 to carry out a
due
diligence of all adequate issues related to the "Songa Eclipse".
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#1650926]
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