SDRL - Seadrill sells remaining 8.2% stake in SapuraKencana Petroleum Bhd
Hamilton, Bermuda, April 27, 2016 - Seadrill Limited ("Seadrill") announces today that it has sold its remaining stake of approximately 490 million shares in SapuraKencana for approximately $195 million. The proceeds from the share sale will provide additional liquidity and will be used for general corporate purposes. FORWARD LOOKING STATEMENTS This news release includes forward looking statements. Such statements are generally not historical in nature, and specifically include statements about the Company's plans, strategies, business prospects, changes and trends in its