Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Seadrill Ltd    SDRL   BMG7945E1057

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Seadrill Ltd : SDRL - Disclosure regarding Sevan Drilling ASA

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/30/2013 | 05:10pm CET

Hamilton, Bermuda, January 30, 2013 - Seadrill Limited ("Seadrill") has received and accepted an attractive offer from a commercial bank to finance its current exposure to Sevan Drilling ASA ("Sevan") through a forward agreement. Seadrill has in connection with this sold its existing 96,000,000 shares and received a forward agreement with exposure to the same number of shares. The shares have been sold at NOK 3.95 per share. The forward agreement runs until 30 April 2013 and has a strike price of NOK 3.9851. Following the new agreement Seadrill are not longer directly owners of any shares in Sevan, but are exposed though forward agreements to 96,000,000 shares or 28,52 percent of the outstanding shares.

The total ownership percentage has been calculated based on an issued share capital in Sevan of 336,625,000 shares and do not include the issuance of the new planned private placement.

 
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.



This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Seadrill Limited via Thomson Reuters ONE

HUG#1674304
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SEADRILL LTD
01/11 SEADRILL : SDRL - Changes to the Board of Directors
01/02 SEADRILL : SDRL Announces 3 Year Contract Extension for Jack-up AOD III
2016 SEADRILL : SDRL Announces three year contract extension for jack-up AOD III
2016 SEADRILL : SDRL - Announces three year contract extension for jack-up AOD III
2016 SEADRILL : reports 3Q loss
2016DJSEADRILL : Sees Bid Activity Improving Despite Difficult Market
2016 SEADRILL : SDRL - Seadrill Limited Announces Third Quarter 2016 Results
2016 SEADRILL : SDRL - Extension of West Eminence Facility
2016 SEADRILL : SDRL - Q3 2016 earnings release date and conference call information
2016SEADRILL LTD : quaterly earnings release
More news
Sector news : Oil & Gas Drilling - NEC
2016DJTransocean Files 8K - Regulation FD
2016DJTransocean Files 8K - Asset Acquisition Or Disposition
2016DJTransocean Files 8K - Regulation FD
2016DJTransocean Files 8K - Entry Into Definitive Agreement
2016DJTransocean Files 8K - Other Events
More sector news : Oil & Gas Drilling - NEC
News from SeekingAlpha
01/21 NORTH ATLANTIC DRILLING : After The West Phoenix, The West Elara Bags A One-Well..
01/20 ENERGY RECAP : Sticking With What Works
01/20 Seadrill Shareholder's To Suffer Same Fate As Paragon's?
01/18 SEADRILL : West Phoenix Contract Shows OPEC Deal Has Not Changed Anything Yet
01/18 Offshore Drilling - 29 Companies Grabbed 56 New Production Licenses Offshore ..
Advertisement
Financials ($)
Sales 2016 3 214 M
EBIT 2016 1 089 M
Net income 2016 -118 M
Debt 2016 8 663 M
Yield 2016 0,08%
P/E ratio 2016 -
P/E ratio 2017 28,58
EV / Sales 2016 3,19x
EV / Sales 2017 4,30x
Capitalization 1 580 M
More Financials
Chart SEADRILL LTD
Duration : Period :
Seadrill Ltd Technical Analysis Chart | SDRL | BMG7945E1057 | 4-Traders
Full-screen chart
Technical analysis trends SEADRILL LTD
Short TermMid-TermLong Term
TrendsBearishBullishNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 10
Average target price 2,23 $
Spread / Average Target -27%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
John Fredriksen Chairman & President
Mark Morris Chief Financial Officer
Alexandra Kate Blankenship Independent Director
Georgina E. Sousa Secretary & Director
Paul Matison Leand Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
SEADRILL LTD-9.97%1 580
HELMERICH & PAYNE, INC..0.76%8 471
SINOPEC OILFIELD SERVI..-5.61%7 184
CHINA OILFIELD SERVICE..-2.34%7 147
TRANSOCEAN LTD3.87%5 596
NABORS INDUSTRIES LTD.7.20%4 983
More Results