Seawell Limited Announces Change in Control Notice and Offer to Purchase for Allis-Chalmers Energy Inc. Senior Notes

Hamilton, Bermuda (March 24, 2011) Seawell Limited Announces Change in Control Notice and Offer to Purchase for Allis-Chalmers Energy Inc. Senior Notes 9.0% Senior Notes, due 2014 8.5% Senior Notes, due 2017 Seawell Limited (OSE: SEAW) today announced that its wholly-owned subsidiary, Allis-Chalmers Energy Inc. (“Allis-Chalmers”), is notifying holders of its 9.0% Senior Notes, due […]

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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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