Songa Offshore SE , an international offshore drilling company operating a fleet of 5 semi-submersible rigs with and additional 3 on order, reports total comprehensive income for the third quarter of 2011 of USD 35.6 million.
Operating revenue for the third quarter was USD 144.4 million. This includes mobilization and demobilization revenue of USD 7.6 million.
Total expenses for the third quarter were USD 83.6 million. EBITDA for the third quarter was USD 66.0 million. Net financial expenses for the third quarter were USD 6.5 million.
Earnings per share (EPS) and diluted earnings per share (DEPS) for the third 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.
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Source: Songa Offshore, November 7, 2011