PetroMENA tiedottaa

Possible Tortuous Interference in Drilling Contracts for
SS “Petrorig I,II and III” with a total value of more than USD 3 billon

"the bondholders requested due diligence to be carried out by a “specialist” entity AMA CAPITAL PARTNERS from New York. PetroMENA provided all documents to AMA and their CEO Paul Leand. NT and Paul Leand failed to inform PetroMENA that he and AMA were closely related to Seadrill in general, and one Seadrill director, in particular, obviously a conflict of interest issue. It is believed that the hostile attack on PetroMENA's was planned over a long time. Seadrill and AMA are encouraged to disclose information about this matter.
AMA also "forgot" to tell NT and PetroMENA that their business model is to get blocking control over a bond and then liquidate the assets to be sold by AMA for commission"

"Larsen Oil & Gas/PetroMENA had for some time negotiated a Letter of Understanding (LOU) for the sale of SS "Petrorig I" at a sales price of USD 425 million with a US Drilling Contractor of the highest ethical standard willing to honour the Petrobras contract. The bargain purchase goal by Seadrill was thereby spoiled when this was disclosed to the market 27th of March 2009."

"AMA/Seadrill's windfall profit motives have caused large windfall losses for suppliers, creditors, LOG, bondholders and shareholders of PetroMENA ASA and most importantly to Petrobras, Seadrill’s largest customer.

In April 2008, Seadrill obtained with persuasion from British Gas, a partner with Petrobras in the Tupifield and without a tender, six years drilling contracts with Petrobras for 3 of their newbuilding deepwater rigs similar to PetroMENAs rigs, 2 of which will be delivered in 2010. With dayrates of USD 630,ooo per day for 6 years Seadrill secured the best drilling contracts ever, for more than USD 3 billions, only by negotiations. A fantastic achievement by Seadrill.
Seadrill also bought a controlling 39% stake in Scorpion Offshore and immediately cancelled the construction of Scorpion's newbuilding on a 6 year contract with Petrobras at USD 416,000 per day, USD 200,000 less than the Seadrill rigs. By interference with PetroMENA drilling contracts for SS "Petrorig I and II" at USD 395,000 per day and USD 350,000 per day, respectively, USD 250,000 less than the Seadrill contracts, 2 more contracts may be cancelled.

Possible claims for tortuous interference against Seadrill, AMA and others from PetroMENA shareholders, bondholders, creditors, LOG and possibly Petrobras for interference may thereby be higher than USD 3 billion in total."

Kerrassaan hupaisa tiedote ja ehdottomasti lukemisen arvoinen. Teksti on sekavaa ja hyöstetty kirjoitusvirheillä, asiavirheillä ja idiomien väärinkäytöllä.
Larsen Oil & Gas "onnistui" neuvottelemaan Petrorig Yhdestä 425 miljoonaa, josta menisi vielä LOG:n "välitysmaksu", kun aluksesta saatiin pakkohuutokaupassa yli 30 miljoonaa enemmän ja aluksen "oikea" arvo on 800 miljoonaa. Tiedotteessa PetroMENA myöntää neuvotelleensa paljon huonommat taksat lautoilleen kuin Seadrill. Harvemmin sitä yrityksen johto tunnustaa avoimesti olevansa kilpailijaansa selvästi surkeampi. Tj Moldestadin ja hj:n Hirtstin eroilmoitukset lienevät jo postissa.