Bermuda, 15 October 2015 - Reference is made to the release dated 16 October 2014 regarding delivery of the Sevan Developer. Sevan Drilling and Cosco have agreed to delay the end of the first deferral period from 15 October 2015 to 1 November 2015 in order to continue negotiations of the first six-month option period.
For further information, please contact:
Scott McReaken, CEO, Sevan Drilling Management AS
+47 91194651 mobile
About Sevan Drilling:
Sevan Drilling Limited is an international offshore drilling contractor specializing in the ultra deepwater segment. Sevan Drilling Limited is listed on Oslo Børs.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.