The completion of the sale is expected in the fourth quarter 2020, and the Company will receive
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Forward looking statements
This press release includes forward looking statements, which do not reflect historical facts and may be identified by words such as 'expected', 'plans' and 'will' and similar expressions and include statements relating to the completion of the sale of rigs, total cash proceeds and other non-historical matters. Such forward-looking statements are subject to risks, uncertainties and other factors could cause actual events to differ materially from the expectations expressed or implied by the forward-looking statements included herein and other factors described in the section entitled 'Risk Factors' or otherwise stated in our regulatory filings and periodical reporting. These forward-looking statements are made only as of the date of this release. We do not undertake to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
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