Santos Exercises Option for Songa Mercur

Songa Mercur
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Songa Offshore ASA announced that Santos has exercised its third and final option available on the Songa Mercur Contract for work on the Western Shelf of Australia.

The exercised option period runs for an additional six months from January 17, 2009 until July 17, 2009. The dayrate for this new period is USD $400,000.

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