Songa Offshore SE is pleased to announce that the first of three optional wells has been
declared by Shell Development (Australia) under the contract for Songa Venus. The well
has further been assigned to MEO Australia Limited.
The well has an estimated duration of 30 days. Shell Development (Australia) continues
to have the right to exercise up to two additional optional wells with an estimated
duration of 50 to 60 days each.
Songa Venus is currently drilling the first well under the mentioned program.
Limassol, 21 July 2010
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian
Securities Trading Act)