Sevan Marine Begins Pulling BOP to Surface

Sevan Marine reported that securing of the well has been completed and the pulling of the BOP to the surface has started. The well has been cemented and plugged according to Petrobras' safety procedures. On deck, the BOP will be inspected and repaired and then lowered to the seabed. According to the current schedule, we estimate that the total process will take 1-2 weeks longer to complete compared to the initial estimate.