March fleet update

Songa Venus successfully completed its 5 yearly SPS and pre contract acceptance
tests and commenced tow for upcoming contract in Australia contract on 22 March,
the SPS was completed within prepared schedule and within set budget estimates
with only marginal over run to both. The rig arrived at North West shelf
drilling location and started first out of 3 firm wells for Shell Australia the
2 April 2010.

Songa Mercur arrived Singapore on 12 March and is currently undergoing its 5
yearly SPS inspections, the earlier announced anchor chain issue has now been
resolved and the rig is scheduled to be dry docked at Keppel FELS yard for an
estimated 10 days from 11 April to undertake required steel repairs and complete
SPS inspections. The rig is thereafter scheduled to depart Singapore for earlier
announced upcoming Gazflot contract in Sakhalin, Russia, with estimated start up
of contract 1 May 2010.

Songa Saturn has achieved operating efficiency of 96% during the month. The rig
continued working on the second of two firm wells for CNOOC in Equatorial
Guinea, the contractual third optional well was not exercised by CNOOC and the
rig is currently scheduled to start demobilization mid to late April. The rig is
in parallel being actively marketed, and has received positive indications from
clients for onwards work in West Africa region with only limited waiting periods
between contracts.

Songa Dee has achieved operating efficiency of 97% during the month; the rig
continues to operate for Marathon / Lundin in Norway.

Songa Delta has achieved operating efficiency of 98% during the month; the rig
is currently working 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.


Limassol, 6 April 2010


About Songa:

Songa  is a provider of offshore drilling services.  With its fleet of six rigs,
it  currently operates in the  North Sea, offshore North  and West Australia and
offshore North and West Africa.  Songa is headquartered in Limassol, Cyprus.

Forward   Looking  Statements:  Certain  statements  in  this  announcement  are
forward-looking.  These  forward-looking  statements  represent expectations for
Songa's business and results of operations, and involve risks and uncertainties.
These  forward-looking statements are based on current expectations, assumptions
and projections about future events.  Because these expectations and assumptions
involve  known and unknown risks, uncertainties  and other factors, which are in
some  cases beyond  Songa's control,  actual results  or performance  may differ
materially  from those expressed or implied by such forward-looking statements.
Given  the risks and  uncertainties, investors are  cautioned not to place undue
reliance on such forward-looking statements.

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


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