2012-02-13 08:30:13 -

Songa Offshore SE ("Songa" or the "Company") reports total comprehensive
income
for the fourth quarter of 2011 of USD 35.8 million.

Operating revenue for the fourth quarter was USD 96.3 million. This includes
mobilization and demobilization revenue of USD 8.0 million.

Total expenses for the fourth quarter were USD 73.9 million. EBITDA for the
fourth quarter was USD 24.0 million. Net financial expenses for the fourth
quarter were USD 12.2 million.

Earnings per share (EPS) and diluted earnings per share (DEPS) for the fourth
quarter were USD 0.21.

Average number of shares for the quarter was 167,712,544, and as per end of the
period the outstanding number of shares was 167,712,544.
Please see attached the Q4 2011 Report.

Limassol, 13 February 2012
Board of Directors
Songa Offshore SE


Questions should be directed to:
Geir Karlsen, CFO +47   23 01 14 24 / +47 91 60 83 32
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.




Songa Offshore SE Q4 2011 Report: 
 hugin.info/136777/R/1584888/495971.pdf




This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
    
Source: Songa Offshore SE via Thomson Reuters ONE

[HUG#1584888]