Contract extension for CSV "Far Sentinel"

19.10.2017 08:15

Solstad Farstad ASA (SOFF) has agreed contract extension as follows:

CSV 'Far Sentinel', present contract with Blue Marine has been extended with approx. 18 months to June 2020 for operations in the Gulf of Mexico. The contract has incorporated an early cancellation clause, which includes a significant termination fee. However, early cancellation cannot be exercised before November 2018. 

Lars Peder Solstad, CEO at +47 913 18 585 or 
Anders Hall Jomaas, CFO at +47 400 42 918

Skudeneshavn, 19 October 2017
Solstad Farstad ASA

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)