Songa Offshore SE reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported operating revenue of USD 99,697,000 compared to USD 91,142,000 a year ago. The increase is primarily due to higher revenue contribution from Songa Dee as the rig was partly in yard for its Special Periodic Survey (SPS) in the third quarter 2014. Total revenues were USD 124,234,000 compared to USD 109,645,000 a year ago. EBITDA was USD 63,846,000 compared to USD 42,095,000 a year ago. LBIT was USD 296,894,000 compared to EBIT of USD 13,231,000 a year ago. Loss before tax was USD 314,122,000 compared to profit before tax of USD 3,357,000 a year ago. Loss for the period was USD 317,466,000 compared to profit for the period of USD 1,060,000 a year ago. Basic and diluted loss per share was USD 0.04.

For the nine months, the company reported operating revenue of USD 292,388,000 compared to USD 353,947,000 a year ago. Total revenues were USD 354,443,000 compared to USD 415,283,000 a year ago. EBITDA was USD 177,789,000 compared to USD 168,502,000 a year ago. LBIT was USD 248,790,000 compared to EBIT of USD 24,962,000 a year ago. Loss before tax was USD 301,003,000 compared to USD 1,164,000 a year ago. Loss for the period was USD 311,458,000 compared to USD 6,388,000 a year ago. Basic and diluted loss per share was USD 0.03 compared to USD 0.01 a year ago. Net cash generated from operating activities was USD 75,249,000 compared to USD 83,540,000 a year ago. Purchase of property, plant and equipment was USD 1,092,331,000 compared to USD 98,503,000 a year ago.

For the third quarter, the company reported impairment charge of USD 328,283,000 compared to USD 1,254,000 a year ago.