Fatih (Caspian Drilling Petrol Sanayi A.S.) (Drillship)

Chloe Marine Corporation Ltd. announces possible sale of 'Deepsea Metro II'

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14 August 2015

The board of directors of Chloe Marine Corporation Ltd. has formally resolved to initiate a process to sell the ultra-deepwater drillship "Deepsea Metro II" and have appointed Pareto Offshore AS as the exclusive broker for the sale of the vessel. The ultra-deepwater drillship, Deepsea Metro II, is owned by Chloe Marine Corporation Ltd, a company owned by Deep Sea Metro Ltd., a joint venture between Metro Exploration (60%) and Odfjell Drilling (40%). Odfjell Drilling is the manager of the vessel. Deepsea Metro II is currently ready stacked in Curacao following completion of its contract with Petrobras in Brazil, which concluded in May 2015.

Source: http://www.odfjelldrilling.com/Investor-relations/Stock-exchange-notices/Detail/?url=http://cws.huginonline.com/O/157018/PR/201508/1945666.xml

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