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Prosafe SE (PSFSF.PK) Rig utilisation in the second quarter of 2008 increased to 99 per cent from 87 per cent in the first quarter of 2008.
Safe Astoria was on standby dayrate in April and on full operating dayrate from 1 May 2008. Safe Bristolia commenced operations in the UK shelf during the second week of April. All other vessels have been fully utilised in the second quarter.
Prosafe is the world's leading owner and operator of semi-submersible accommodation/service rigs. Operating profit reached USD 222.2 million in 2007. The company operates globally, employs approx. 415 people and is headquartered in Larnaca, Cyprus. Prosafe is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to www.prosafe.com.
Larnaca, 21 July 2008 Prosafe SE
For further information, please contact:
Karl Ronny Klungvedt, Exec. Vice President and CFO Phone: +357 996 88 169
