Oil / Gas Drilling
SeaDrill Ltd Launches Mandatory Offer for All Shares in Asia Offshore Drilling Ltd
SeaDrill Ltd announced that it has resolved to launch an unconditional mandatory offer for all the issued and outstanding shares of Asia Offshore Drilling Ltd (AOD) at a price of NOK 28.71 per AOD share (the Mandatory Offer). The offer period in the Mandatory Offer runs from and including November 12, 2012 to 16:30 hours (CET) on December 10, 2012, and may be extended by up to two weeks. Platou Markets AS acts as financial advisor to SeaDrill in relation to the Mandatory Offer, and as the receiving agent in relation thereto.
SeaDrill Ltd Provides Further Details on Share Acquisition in Asia Offshore Drilling Ltd
SeaDrill Ltd announced that on November 1, 2012, it has acquired additional 12,883 shares of Asia Offshore Drilling Ltd. The shares were acquired at a price of NOK 28.70 per share. Following this acquisition, SeaDrill Ltd will be the owner of 26,354,251 shares in Asia Offshore Drilling Ltd, corresponding to 65.89% of the total number of outstanding shares in Asia Offshore Drilling Ltd.
SeaDrill Ltd Provides Further Details on Share Acquisition in Asia Offshore Drilling Ltd
SeaDrill Ltd announced that on November 1, 2012, it has acquired additional 12,883 shares of Asia Offshore Drilling Ltd. The shares were acquired at a price of NOK 28.70 per share. Following this acquisition, SeaDrill Ltd will be the owner of 26,354,251 shares in Asia Offshore Drilling Ltd, corresponding to 65.89% of the total number of outstanding shares in Asia Offshore Drilling Ltd.
SeaDrill Ltd Updates on Share Acquisition in Asia Offshore Drilling Limited
SeaDrill Ltd announced that it has acquired additional 38,961 shares of Asia Offshore Drilling Limited. The shares were acquired at a price of NOK 28.71 per share. Following this acquisition, the Company will be the owner of 26,341,368 shares in the Company, corresponding to 65.85% of the total number of outstanding shares in the Company.
SeaDrill Ltd Updates on Share Acquisition in Asia Offshore Drilling Ltd
SeaDrill Ltd announced that it has acquired additional 38,961 shares of Asia Offshore Drilling Ltd. The shares were acquired at a price of NOK 28.71 per share. Following this acquisition, the Company will be the owner of 26,341,368 shares in the company, corresponding to 65.85% of the total number of outstanding shares in the company.
SeaDrill Ltd Acquires 64.23% of Shares in Asia Offshore Drilling Ltd; Launches Mandatory Offer for Remaining Shares
SeaDrill Ltd (Seadrill) announced that after close of trading on Oslo Bors on October 25, 2012, Seadrill acquired 12,190,858 shares of Asia Offshore Drilling Ltd (Asia Offshore). The shares were acquired at a price of USD 5.0 per share (equals NOK 28.71 based on the USD/NOK exchange rate set by the Norwegian Central Bank on October 25, 2012). Following this acquisition, Seadrill will be the owner of 25,690,958 shares in Asia Offshore, corresponding to 64.23% of the total number of outstanding shares in Asia Offshore. As a consequence, Seadrill will proceed with the launch of a mandatory cash offer for the remaining shares in Asia Offshore. Such a mandatory offer will be launched as soon as practicably possible, within the time limits set out in chapter six of the Norwegian Securities Trading Act. RS Platou Markets AS act as financial advisor to Seadrill in connection with the offer.
SeaDrill Ltd Acquires 64.23% of Shares in Asia Offshore Drilling Ltd; Launches Mandatory Offer for Remaining Shares
SeaDrill Ltd (Seadrill) announced that after close of trading on Oslo Bors on October 25, 2012, Seadrill acquired 12,190,858 shares of Asia Offshore Drilling Ltd (Asia Offshore). The shares were acquired at a price of USD 5.0 per share (equals NOK 28.71 based on the USD/NOK exchange rate set by the Norwegian Central Bank on October 25, 2012). Following this acquisition, Seadrill will be the owner of 25,690,958 shares in Asia Offshore, corresponding to 64.23% of the total number of outstanding shares in Asia Offshore. As a consequence, Seadrill will proceed with the launch of a mandatory cash offer for the remaining shares in Asia Offshore. Such a mandatory offer will be launched as soon as practicably possible, within the time limits set out in chapter six of the Norwegian Securities Trading Act. RS Platou Markets AS act as financial advisor to Seadrill in connection with the offer.
SeaDrill Ltd Orders New Ultra-Deepwater Drillship for Delivery in 2014
SeaDrill Ltd announced that it has entered into a turnkey contract to build a new ultra-deepwater drillship at the Samsung yard in South Korea. The project value price is estimated to be around USD 600 million (including project management, drilling and handling tools, spares, capitalized interest and operations preparations) with tail-heavy payment terms payable upon delivery, which is scheduled within the fourth quarter of 2014. In addition, SeaDrill has agreed a fixed price option to build a further drillship at the yard, with delivery in the first quarter of 2015.
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Analyst Research
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|---|---|
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Provider: SADIF-Investment Analytics, S.A.
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$25.00
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Provider: GlobalData
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$250.00
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Provider: GlobalData
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$125.00
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Provider: GlobalData
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$125.00
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Provider: GlobalData
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$125.00
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