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2014-05-14

Prospector Offshore Drilling: PROS - Announces the results of the 2014 first quarter

Luxembourg, 15 May 2014:
Prospector Offshore Drilling S.A. and its subsidiaries (the "Company", "Prospector" or "PROS") announced its results for the three months ended 31 March 2014.
Please refer to the attached release in PDF format.
This press release contains forward-looking statements that involve risks and uncertainties. You are cautioned not to put undue reliance on forward-looking statements, because actual events and results may differ materially from the expected results described by such forward-looking statements. Prospector Offshore Drilling S.A. disclaims any obligation to update and revise any forward-looking statements, whether as a result of new information, future events or otherwise.

About the Company:
PROS is a high specification jack-up drilling contractor. PROS currently has one rig within its fleet and contracts in place for the design, construction and delivery of an additional four JU2000E high specification, harsh environment ("HS/HE") jack-up drilling rigs. PROS also has one option agreement for the construction of an additional rig of the same design. Upon deployment of its rigs, PROS, under its proven management team, will have the newest fleet of HS/HE jack-up rigs in the world, operating with the most advanced drilling systems available in the industry.

For further information, please contact:

Contact:
Robert W. Rose
Chief Executive Officer
Prospector Offshore Drilling S.A.
Tel: +1 281 560 8012
Tel: +352 26 44 91
Eduardo Vargas
Chief Financial Officer
Prospector Offshore Drilling S.A.
Tel: +1 281 560 8012
Simon Wainwright
Director - Finance&Investor Relations
Prospector Offshore Drilling S.A.
Tel: +1 281 560 8010
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Release - PDF
http://hugin.info/145297/R/1785625/612372.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Prospector Offshore Drilling via Globenewswire

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