HAMILTON, Bermuda, May 7, 2014 (GLOBE NEWSWIRE) -- We refer to the press releases dated January 30, 2013, February 7, 2013, May 10, 2013, August 7, 2013, August 29, 2013, November 7, 2013 and February 7, 2014 which announced the forward agreements for Seadrill Limited's ("Seadrill") holdings in Sevan Drilling ASA ("Sevan") shares. We have rolled forward these agreements subsequent to the prior agreements' expiration. Seadrill has entered into a forward agreement for 216,065,464 Sevan shares expiring August 6, 2014 with a strike price of NOK 4.1056. Additionally, Seadrill has entered into a forward agreement for 81,828,500 Sevan shares expiring August 6, 2014 with a strike price of NOK 4.1348.
SDRL - Disclosure Regarding Sevan Drilling ASA
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