SeaDrill Secures New Contract for Jack-Up in Indonesia


HAMILTON, Bermuda, June 28, 2006 (PRIMEZONE) -- SeaDrill has been awarded a contract by an Indonesian subsidiary of Serica Energy for the jack-up SeaDrill 5.

The drilling contract includes four wells offshore Indonesia and commencement is scheduled in direct continuation of the rig's prevailing commitment. The contract value is approximately US$22 million.



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SeaDrill Limited Hamilton, Bermuda
Alf C Thorkildsen, Chief Financial Officer
+47 51 30 99 19

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