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SDRL - Seadrill reports fourth quarter and preliminary 2011 results

Hamilton, Bermuda, February 29, 2012 - Seadrill reports fourth quarter and preliminary 2011 results: Highlights * Seadrill generates fourth quarter 2011 EBITDA*) of US$575 million * Seadrill takes a US$463 million non-cash mark-to-market impairment of its shareholding in Archer Limited * Seadrill reports fourth quarter 2011 net loss of US$82 million and loss per share of US$0.23 as a result of a non-cash impairment * Seadrill increases the quarterly...
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