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2014-05-07

Songa Offshore SE : April fleet update

Songa Venus achieved an operational efficiency of 100% and an earnings
efficiency of 96% during the month working for Mubadala Petroleum in
Malaysia. The rig went off contract on May 6, and will now be warm stacked in
Labuan, Malaysia, where it will continue to pursue future work.

Songa Mercur achieved an operational efficiency of 100% and an earnings
efficiency of 99% during the month working for Idemitsu in Vietnam.

Songa Trym achieved an operational efficiency of 100% and an earnings
efficiency of 98% during the month working for Statoil in Norway.

Songa Dee achieved an operational efficiency of 100% and an earnings
efficiency of 97% during the month working for Statoil in Norway.

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

May 7, 2014
Limassol, Cyprus

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

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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: Songa Offshore SE via Globenewswire

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