PROS - Prospector Offshore Drilling S.A. provides copies of a shareholder letter and a letter from the Chairman of the Nominating Committee to the shareholders

Sun Oct 27, 2013 8:08pm EDT

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Luxembourg, 28 October 2013 - Prospector Offshore Drilling S.A. (the "Company" or "PROS") provides two documents for reference: (i) a letter from a shareholder written on behalf of an interested shareholder group to the Chairman of the Nominating Committee and (ii) a letter from Chairman of the Nominating Committee to the shareholders of the Company.

About the Company:
PROS is a high specification jack-up drilling contractor.  PROS currently has one rig within its fleet and contracts in place for the design, construction and delivery of an additional five JU2000E high specification, harsh environment ("HS/HE") jack-up drilling rigs.  PROS also has option agreements for the construction of three 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.

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.

Eduardo Vargas
Chief Financial Officer
Prospector Offshore Drilling S.A.
Tel: +1 281 560 8012

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

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Source: Prospector Offshore Drilling via Thomson Reuters ONE