Seadrill Limited (SDRL): Filing of Chapter 11 Cases for Seadrill
Hamilton, Bermuda, February 10, 2021 – The Board of Seadrill Limited (“Seadrill” or the "Company") (OSE: SDRL, OTCQX:SDRLF) today announces that Chapter 11 cases have been filed in the Southern District of Texas in respect of Seadrill and its consolidated subsidiaries (the "Seadrill Group") with the exceptions set out below. These filings are made in addition to the Chapter 11 cases filed separately for Seadrill GCC Operations Ltd, Asia Offshore Limited, Asia Offshore Rig 1 Limited, Asia Offshore Rig 2 Limited and Asia Offshore Rig 3 Limited, as announced by the Company on February 7,