SDRL - Extension of non-binding agreement with SapuraKencana
January 21, 2013 - HAMILTON, BERMUDA
Reference is made to the press releasedated November 5 , 2012, regarding a non-binding agreement for integratingSeadrill's tender rig business into SapuraKencana Petroleum Bhd. SeadrillandSapuraKencana have made solid progress in the first part of the duediligenceand have agreed to extend the validity period of the agreement to February8, 2013, to facilitate the ongoing finalization of the due diligence andnegotiations for the terms of the sale agreement and related transactionagreement(s) in relation to the proposed transaction.
This information is subject of the disclosure requirements pursuant tosection5-12 of the Norwegian Securities Trading Act.
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Source: Seadrill Limited via Thomson Reuters ONE
[HUG#1671700]
Media contact
Rune Magnus Lundetrae
Chief Financial Officer
Seadrill Management AS
+47 51 30 91 26
Analyst contact
Ragnvald Kavli
Investor Relations Manager
Seadrill Management AS
+47 51 30 96 27
