SDLP - West Leo Early Termination Litigation Update
London, United Kingdom, July 18, 2018 - Seadrill Partners LLC ("SDLP" or "the Company") announces today that Tullow Ghana Limited ("Tullow") will not be appealing the English High Court ruling in favor of Seadrill Ghana Operations Limited ("Seadrill Ghana") relating to the early termination of the West Leo contract and Seadrill Ghana has received approximately $248 million, inclusive of interest, but net of withholding tax, VAT and legal expenses. Under the terms of the amendments to our $2.8 billion Term Loan B ("TLB") credit agreement completed in February 2018, we agreed to use a