Hamilton, Bermuda, May 31, 2017, Sevan Drilling Ltd ("Sevan" or the "Company") announces the delivery deferral agreement for the Sevan Developer was further deferred to June 30, 2017 to complete and finalize negotiations. Other terms of the deferral agreement have not been amended, including the right to refund the final investment.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.