Seadrill Limited (Seadrill) provides update on its holdings in Sevan Drilling ASA (Sevan) shares.
We have rolled forward these agreements subsequent to the prior agreements' expiration.
Seadrill has entered into a forward agreement for 96,000,000 Sevan shares expiring November 6, 2013 with a strike price of NOK 4.05.
Additionally, Seadrill has entered into a forward agreement for 81,828,500 Sevan shares expiring November 6, 2013 with a strike price of NOK 4.04.
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Seadrill Limited
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