PROS - Announces the results of the 2012 third quarter

PROS - Announces the results of the 2012 third quarter

Please refer to the attached release in PDF format.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

 

About PROS:

PROS is a high specification jack-up drilling contractor.  PROS currently has contracts in place for the design, construction and delivery of six F&G JU2000E high specification, harsh environment (HS/HE) jack-up drilling rigs.  The Company's first rigs are scheduled for delivery commencing in the first quarter of 2013.  PROS also has option agreements for the construction of six additional rigs of the same design.  Upon deployment of its rigs, PROS, under its proven management team, will have the newest fleet of HS/HE jack-up rigs in the world, operating with the most advanced drilling systems available in the industry.  Reference is made to the stock exchange notice issued on 23 October 2012 regarding the potential sale of one of the Company's six rigs and the option for the sale of another of the Company's rigs.

This press release contains forward-looking statements that involve risks and uncertainties.  You are cautioned not to put undue reliance on forward-looking statements because actual events and results may differ materially from the expected results described by such forward-looking statements.  Prospector Offshore Drilling S.A. disclaims any obligation to update and revise any forward-looking statements, whether as a result of new information, future events or otherwise.

 

Contact:

Steven A. Manz

Chief Financial Officer

Prospector Offshore Drilling S.A.

Tel: [phone]

PROS_Announces the results of the 2012 third quarter

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Source: Prospector Offshore Drilling via Thomson Reuters ONE

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