SDRL – Seadrill Limited Announces Contract Award for the West Gemini
July 17 2019 - 4:35PM
SDRL – Seadrill Limited Announces Contract Award for the West
Gemini
Hamilton, Bermuda, July 17, 2019 -
Seadrill Limited ("Seadrill" or "the Company") has secured a nine
well contract with three options, each for two wells, for the West
Gemini in West Africa. Total contract value for the firm portion of
the contract is expected to be approximately $84 million with
commencement expected in early Q4 2019 and running through Q4
2020.
FORWARD LOOKING
STATEMENTS
This news release includes forward
looking statements. Such statements are generally not historical in
nature, and specifically include statements about the Company's
plans, strategies, business prospects, changes and trends in its
business, the markets in which it operates and its restructuring
efforts. These statements are made based upon management's current
plans, expectations, assumptions and beliefs concerning future
events impacting the Company and therefore involve a number of
risks, uncertainties and assumptions that could cause actual
results to differ materially from those expressed or implied in the
forward-looking statements, which speak only as of the date of this
news release. Consequently, no forward-looking statement can be
guaranteed. When considering these forward-looking statements, you
should keep in mind the risks described from time to time in the
Company's filings with the Securities and Exchange Commission,
including its Annual Report on Form 20-F (File No. 333-224459). The
Company undertakes no obligation to update any forward looking
statements to reflect events or circumstances after the date on
which such statement is made or to reflect the occurrence of
unanticipated events. New factors emerge from time to time, and it
is not possible for the Company to predict all of these factors.
Further, the Company cannot assess the impact of each such factor
on its business or the extent to which any factor, or combination
of factors, may cause actual results to be materially different
from those contained in any forward looking statement.
This information is subject to the
disclosure requirements pursuant to Section 5-12 the Norwegian
Securities Trading Act
Seadrill (NYSE:SDRL)
Historical Stock Chart
From Aug 2024 to Sep 2024
Seadrill (NYSE:SDRL)
Historical Stock Chart
From Sep 2023 to Sep 2024