Songa Offshore SE : Report for the second quart...

Songa Offshore SE ("Songa" or the "Company") reports a profit for the second quarter of 2012 of USD 10.6 million.

Operating revenue for the second quarter was USD 151.2 million. This includes mobilization and demobilization revenue of USD 2.5 million.

Total expenses for the second quarter were USD 101.9 million. EBITDA for the second quarter was USD 59.3 million. Net financial expenses for the second quarter were USD 11.4 million.

Earnings per share (EPS) and diluted earnings per share (DEPS) for the second quarter were USD 0.05.

Average number of shares in the quarter was 180,283,973 and as per end of the period outstanding number of shares was 202,912,544.

Please see attached the Q2 2012 Report.

Limassol, 20 August 2012
Board of Directors
Songa Offshore SE

Questions should be directed to:
Geir Karlsen, CFO [phone] / [phone]

 

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

Songa Offshore Q2 2012 Report

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Source: Songa Offshore SE via Thomson Reuters ONE

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