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cintrix

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Re: griff100 post# 295005

Monday, 05/23/2016 8:50:50 AM

Monday, May 23, 2016 8:50:50 AM

Post# of 316478
SDRL Seadrill receives termination notice from Statoil (STO)- In accordance with the contract, the Company will receive a lump sum payment of ~$61 mln, plus dayrate and reimbursement of costs associated with demobilization of the rig. The West Hercules is currently being marketed for new work.
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