Songa Offshore SE

August fleet update

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

Songa Delta achieved an operational efficiency of 100% and an earnings efficiency of 99% for the month working for Statoil in Norway.

Songa Dee achieved an operational efficiency of 100% and an earnings efficiency of 95% working for Statoil in Norway. The rig was at yard from 29 July to 11 August for client requested modifications and was on a 93% standby rate during the yard stay.

Songa Offshore took delivery of Songa Equinox on 30 June 2015. The rig is en route from Korea to Norway and is currently transiting between Mauritius and Namibia.

Songa Offshore took delivery of Songa Endurance on 24 August 2015. The rig is en route from Korea to Norway and is currently transiting between Korea and Singapore.

4 September, 2015
Limassol, Cyprus

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

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Source: Songa Offshore SE via Globenewswire

HUG#1949741