SEAW – ALLIS-CHALMERS ENERGY INC. 10K FILING

Hamilton, Bermuda (March 16, 2011) Allis-Chalmers Energy Inc, a wholly owned subsidiary of Seawell Limited, yesterday filed their 10K report with the SEC. The 10K report is available on the SEC website www.sec.gov. This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

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SEAWELL – COMPLETION OF SHARE CAPITAL INCREASE FOLLOWING FROM THE MERGER WITH ALLIS-CHALMERS ENERGY INC.

Hamilton, Bermuda (March 4, 2011) Seawell Limited (OSE: SEAW) announced today that, based on the election results in connection with the merger with Allis-Chalmers Energy Inc, Seawell Limited has issued 97,071,710 common shares and paid approximately USD 18 million in connection with the merger.  Approximately 95% of Allis-Chalmers stockholders elected to receive stock and approximately […]

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Seawell announces 4th quarter 2010 and preliminary 2010 results

Hamilton, Bermuda (February 24, 2011)  Fourth Quarter Highlights ·         The quarter produced Operating revenues of NOK1,029.3 million, an increase of 9.7% sequentially and 41% year on year. ·         Fourth quarter EBITDA of NOK118.9 million including NOK15.5 million one time items related to the merger with Allis Chalmers. Operating EBITDA at NOK134,4 million for the quarter. […]

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Seawell – completion of merger with Allis-Chalmers Energy Inc.

Hamilton, Bermuda (February 24, 2011) Seawell Limited (OSE: SEAW) and Allis-Chalmers Energy Inc. (NYSE: ALY) announced today that the Allis-Chalmers stockholders approved the proposals related to the proposed merger of Allis-Chalmers into Wellco Sub Company, a wholly owned subsidiary of Seawell, at the special meeting held for such purpose yesterday, and that the merger has […]

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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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