News: Seadrill Partners LLC (SDLP.N)

SDLP.N on New York Stock Exchange

21 Jul 2014
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Mon, Mar 17 2014

BRIEF-Seadrill Partners closes public offering

OSLO, March 17 - Seadrill Partners LLC : * announces full exercise of underwriters' option, closing of public offering and closing of private placement to Seadrill Limited * Says the underwriters exercised in full their option to purchase an additional 1,560,000 common units. * Concurrently with the closing of the Offering, Seadrill purchased directly from the Company 1,633,987 common units at a price of $30.60 per unit. * Seadrill PartnerS intends to use the net proceeds from the

BRIEF-Seadrill Partners says one of its rigs sustaining delays

OSLO, March 11 - Seadrill Partners LLC : * In its fourth quarter 2013 report, Seadrill Partners reported that it expected 60 days of collective off hire time in the first quarter 2014 for the West Aquarius Rig. As of today this estimate has increased to 90 days. * The loss of contract hire for this additional downtime for Seadrill Partners' 30-percent ownership share of the West Aquarius is approximately $5 million.

Seadrill Partners declares $0.445 per unit cash distribution

* The board of directors has declared a quarterly cash distribution with respect to the quarter ended December 31, 2013 of $0.445 per unit

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