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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Hipgnosis Songs Fund Limited | LSE:SONG | London | Ordinary Share | GG00BFYT9H72 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-1.00 | -0.98% | 100.60 | 100.80 | 101.00 | 101.40 | 100.80 | 101.40 | 2,028,330 | 16:35:11 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Finance Services | 177.31M | -89.64M | -0.0741 | -13.60 | 1.22B |
DOW JONES NEWSWIRES
Norwegian oil rig operator Songa Offshore SE (SONG.OS) said Thursday it has been awarded a $409 million for the Songa Delta rig from Statoil ASA (STO).
MAIN FACTS:
-Its Songa Rig AS unit has received a Letter Of Award (LOA) from Statoil for the use of Songa Delta for a 3 years firm plus 1 year option drilling contract on the Norwegian Continental Shelf.
-The LOA is conditional to mutual agreement of contract terms between the parties.
-The firm part of the contract has an aggregated revenue value of $409 million inclusive of a rig upgrade element and an associated yard stay prior to contract commencement.
-The contract also includes an option to extend the firm period of the contract, and this option will have to be exercised prior to the contract commencement.
-The yard stay and contract with Statoil will commence in direct continuation of the rig's current commitment and subsequent demobilization from Det Norske/Wintershall late second quarter/early third quarter 2012.
-Songa Offshore will undertake full rig management and operations responsibility of the Songa Delta from current Odfjell Drilling Management at time of transition between contracts.
-Shares closed Wednesday at NOK32.10.
-By Dominic Chopping, Dow Jones Newswires; +46-8-5451-3093; dominic.chopping@dowjones.com
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