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Prosafe SE (OSL:PRS) Prosafe has agreed a contract extension of three months to the existing contract of Safe Caledonia with Total E & P UK Limited and Elf Exploration UK Limited starting mid-June 2010.
Total value of the contract extension is about USD 20 million.
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. 430 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, 4 November 2008 Prosafe SE
For further information, please contact:
Arne Austreid, President and CEO Phone no: +357 246 21 746 / +357 992 75 030
Karl Ronny Klungtvedt, Exec. Vice President and CFO Phone no: +357 2462 1982 / +357 996 88 169
This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
