Reference is made to the previously agreed contract awarded by Devon Energy for the deepwater semi-submersible drilling rig West Sirius.
Devon Energy has exercised the option to extend the contract for West Sirius from four to six years. Estimated contract value for the full six-year period is approximately US$1,025 million including escalation from initial contract award up to present date.
Analyst contact:
Jim Dåtland
Vice President Investor Relations
Seadrill Management AS
+47 51 30 99 19
Media contact:
Alf C Thorkildsen
Chief Executive Officer
Seadrill Management AS
+47 51 30 99 19
Seadrill Limited
Hamilton Bermuda
June 27, 2008
Devon Energy has exercised the option to extend the contract for West Sirius from four to six years. Estimated contract value for the full six-year period is approximately US$1,025 million including escalation from initial contract award up to present date.
Analyst contact:
Jim Dåtland
Vice President Investor Relations
Seadrill Management AS
+47 51 30 99 19
Media contact:
Alf C Thorkildsen
Chief Executive Officer
Seadrill Management AS
+47 51 30 99 19
Seadrill Limited
Hamilton Bermuda
June 27, 2008