SEAW – Report for the 4th quarter 2010 and preliminary results for 2010

Hamilton, Bermuda, February 17, 2011. Seawell’s fourth quarter and preliminary 2010 results are scheduled to be released on Thursday February 24, 2011 before the start of trading on the Oslo Stock Exchange. This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

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SEAW – Seawell Acquires Universal Wireline for USD 25.5 Million

The acquisition will expand Seawell’s Cased Hole Wireline and Slickline service offering in the United States. Hamilton, Bermuda (January 27, 2011) Seawell Limited (OSE: SEAW) today announced the acquisition of Universal Wireline from Patterson-UTI for USD 25.5 million on a debt and cash free basis. Seawell used existing cash reserves to complete the acquisition. Universal […]

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SEAW – Merger with Allis-Chalmers Energy Inc

Allis-Chalmers Energy Announces Record Date and Meeting Date for Special Meeting of Stockholders in Connection with Merger Hamilton, Bermuda (January 25, 2011) Reference is made to news release of August 13, 2010 where Seawell Limited (OSE: SEAW) and Allis-Chalmers Energy Inc. (NYSE: ALY) announced that their Boards of Directors had unanimously approved a definitive merger […]

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SEAW- Mandatory notification of trade

HAMILTON, BERMUDA (January 4, 2011)   The Board of Seawell Limited has allocated 7,500,000 of the Company’s authorized but unissued shares to a share incentive program pursuant to which the Board may grant options to subscribe for new shares to the senior managers in the Seawell Group.  The first 3,770,000 share options under the program […]

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SEAW – Financial Calender 2011

Hamilton, Bermuda (December 30, 2010) Seawell Limited plans to release its financial statements on the following dates in 2011: 28 February 2011 – Preliminary fourth quarter and financial year 2010 results 31 May 2011 – First quarter 2011 results 31 August 2011 – Second quarter 2011 results 30 November 2011 – Third quarter 2011 results […]

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Seawell Acquires Gray Wireline for USD 157.5 Million

The acquisition will expand Seawell’s Cased Hole Wireline and Slickline service offering in the United States. Hamilton, Bermuda (December 16, 2010) Seawell Limited (OSE: SEAW) today announced the acquisition of Gray Wireline from Centre Partners for 157.5 million on a debt and cash free basis.  The Hart-Scott-Rodino waiting period has expired and the transaction has […]

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SEAW – Olivier Muller appointed CEO of C6 Technologies AS

Hamilton, Bermuda (December 13, 2010) Seawell is pleased to announce that the Board of C6 Technologies AS has appointed Olivier Muller as Chief Executive Officer of the joint venture company, effective January 17, 2011. Seawell Limited and IKM Gruppen announced April 30, 2010, the launch of C6 Technologies; a 50/50 joint venture oilfield company offering […]

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Seawell Limited (SEAW) – Third Quarter and Nine Months 2010 Results

Hamilton, Bermuda, November 30, 2010  Third Quarter Highlights ·         Revenues of NOK1,069.9 million, representing a 17.2% year on year increase. ·         EBITDA of NOK130.7 million including one time items. ·         Net loss for the quarter of NOK56.7 million and loss per share of NOK0.35 primarily due to unrealised FX losses of NOK107.9 million. ·         Allis-Chalmers (NYSE:ALY) […]

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SEAW – Approved for Listing on the Oslo Børs

Hamilton, Bermuda (November 25, 2010) Reference is made to news release of September 23, 2010 where Seawell Limited informed about the intent to apply for listing of its shares on the Oslo Stock Exchange. The Board of Oslo Børs (Oslo Stock Exchange) resolved in its meeting on November 24, 2010 to admit shares in Seawell […]

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