Announcements


Date: 16 August 2013

MULTIPLE PROPOSALS SAPURAKENCANA PETROLEUM BERHAD (“SKPB” OR “COMPANY”) COMBINATION AND INTEGRATION OF THE RESPECTIVE TENDER RIG BUSINESSES OF SKPB AND SEADRILL LIMITED BY WAY OF THE ACQUISITION BY SAPURAKENCANA DRILLING PTE LTD, A WHOLLY-OWNED SUBSIDIARY OF SKPB, OF: (A) THE ENTIRE ISSUED SHARE CAPITAL OF SEADRILL TENDER RIG LTD; AND (B) 94% OF THE ISSUED SHARE CAPITAL OF PT NORDRILL INDONESIA


Type Announcement
Subject MULTIPLE PROPOSALS
Description SAPURAKENCANA PETROLEUM BERHAD (“SKPB” OR “COMPANY”)

COMBINATION AND INTEGRATION OF THE RESPECTIVE TENDER RIG BUSINESSES OF SKPB AND SEADRILL LIMITED BY WAY OF THE ACQUISITION BY SAPURAKENCANA DRILLING PTE LTD, A WHOLLY-OWNED SUBSIDIARY OF SKPB, OF: 

(A) THE ENTIRE ISSUED SHARE CAPITAL OF SEADRILL TENDER RIG LTD; AND 

(B) 94% OF THE ISSUED SHARE CAPITAL OF PT NORDRILL INDONESIA


(Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the circular dated 8 April 2013 to the shareholders of SKPB.)

We refer to the announcement on 30 April 2013.

On behalf of the Board, CIMB Investment Bank Berhad and Maybank Investment Bank Berhad wish to announce that, based on the Closing Statement in accordance with the SPA and agreed by the Company, SKDPL and Seadrill, the Final STRL Price is USD2,555.0 million.

This announcement is dated 16 August 2013.


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