Oil & Gas Drilling

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Preliminary results of mandatory offer for S.D. Standard Drilling made by Saga Tankers

Thursday, 16 Jul 2015 02:19am EDT

SD Standard Drilling Plc:Preliminary results of mandatory offer for S.D. Standard Drilling (SDSD).Saga Tankers ASA (Offeror) has received acceptance of mandatory offer for a total of 22,555,800 shares, representing about 8.61 pct of outstanding shares and votes in SDSD.Offeror and persons acting in concert with it now owns and holds rights to a total of 179,569,430 shares, representing about 68.54 percent of shares and voting rights in SDSD.Says settlement of mandatory offer will be made as soon as possible, and no later than July 29, 2015.

Saga Tankers receives acceptances to acquire SD Standard Drilling

Monday, 13 Jul 2015 10:40am EDT

SD Standard Drilling Plc:Saga Tankers has received acceptances under mandatory offer representing in aggregate 2,000 shares in SD Standard Drilling PLC (SDSD).Saga Tankers and persons acting in concert with Saga owns 157,013,630 SDSD shares and has a right and an obligation to acquire a total of 21,977,516 SDSD shares upon consummation of mandatory offer.

Saga Tankers announces cash tender offer to acquire SD Standard Drilling

Wednesday, 17 Jun 2015 02:45am EDT

SD Standard Drilling Plc:Mandatory cash offer from Saga Tankers ASA to acquire 100 pct of shares of S.D. Standard Drilling PLC.Says announces a cash tender offer to acquire all issued and outstanding shares in SDSD not already owned by offeror or persons acting in concert with offeror.Says offeror is offering a consideration of 1.35 Norwegian crowns per share payable in cash.Says offer price values SDSD at a market capitalization of 353,700,000 crowns.

China Oilfield Services announces issuance of medium term note

Monday, 15 Jun 2015 08:00pm EDT

China Oilfield Services Ltd:Subsidiaries to issue overseas medium term note worth up to $3.5 bln.To provide guarantee for first issuer COSL Singapore Capital Ltd.

Archer Ltd cuts guidance for Q2 2015

Thursday, 11 Jun 2015 02:29am EDT

Archer Ltd:Sees Q2 2015 North America revenues down 35 percent versus Q1.

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