April fleet update

Songa Venus achieved operating efficiency of 100% during the month.  The rig continues to operate for Total E&P in Australia. Songa Mercur was awarded a 180 day contract with Gazflot LLC for work at Sakhalin Russia during the month. The rig was berthed in Singapore during the full month of April and is currently undergoing contract preparation and equipment reinstatement after the BOP repairs. Contractual rig acceptance is anticipated to be completed during the month with immediate commencement of tow to Sakhalin thereafter. Songa Dee achieved operating efficiency of 92% during the month.  The rig continues operations for Marathon / Lundin in Norway. Songa Delta has achieved operating efficiency of 99% during the month.  The rig continues to operate for Wintershall / Det Norske Oljeselskap in Norway. Songa Trym has achieved operating efficiency of 99% during the month.  The rig continues to operate for Statoil in Norway. Songa Eclipse remains under construction at Jurong Shipyard in Singapore, overall construction and commissioning activities are progressing. The Company continues marketing the rig and has several specific contracts targeted for immediate start up after commissioning and delivery. 04 May 2011 Limassol, Cyprus 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: Songa Offshore SE via Thomson Reuters ONE [HUG#1512171]
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