Seadrill has been awarded a letter of intent by ExxonMobil Exploration and Production Malaysia Inc. for the jack-up drilling rig West Prospero (Seadrill 4), currently under construction in Singapore. The intended contract has a duration of 400 days, with estimated value of approximately US$82 million. Start-up of operations is planed in the third quarter 2007, following delivery.
Analyst contact:
Jim Dåtland, Vice President Investor Relations +47 51 30 99 19
Media contact:
Alf C Thorkildsen, Chief Financial Officer +47 51 30 99 19
Seadrill Limited
Hamilton, Bermuda
December 4, 2006