Northern Offshore Announces Rosneft Service Order Termination for Jackup Energy Endeavor

Northern Offshore, Ltd. (Oslo Bors: NOF.OL) today announced North Atlantic Drilling Company Ltd (NADL) has received a cancellation notice for use of the Northern Offshore's jackup Energy Endeavor from Rosneft Oil Company as part of a multi-rig contract to provide drilling services in the Russian Artic commencing in the 2015 summer drilling season. President and CEO Gary Casswell said, "While not unexpected, we are disappointed by this development but will nevertheless continue to pursue future opportunities in this region by leveraging our previous experience drilling in the Russian Artic."