PROS - Announces publication of the 2014 Half-Year Report Luxembourg, 7 August 2014: Prospector Offshore Drilling S.A. (the "Company" or "PROS") announced today that it has filed its Half-Year Condensed Consolidated Interim Financial Statements (the "Half-Year Report") for the period ended 30 June 2014.

This notice is published on the European and International newswires and the Half-Year Report are available on the Luxembourg Stock Exchange at (http://www.bourse.lu), the Oslo Børs under the ticker symbol PROS at (http://www.oslobors.no), as well as on the Company's website at (http://www.prospectoroffshoredrilling.com).
This press release contains forward-looking statements that involve risks and uncertainties. You are cautioned not to put undue reliance on forward-looking statements because actual events and results may differ materially from the expected results described by such forward-looking statements. Prospector Offshore Drilling S.A. disclaims any obligation to update and revise any forward-looking statements, whether as a result of new information, future events or otherwise.

About the Company:

PROS is a high specification jack-up drilling contractor. PROS currently has two rigs within its fleet and contracts in place for the design, construction and delivery of an additional three JU2000E high specification, harsh environment ("HS/HE") jack-up drilling rigs. PROS also has one option agreement for the construction of an additional rig of the same design. Upon deployment of its rigs, PROS, under its proven management team, will have the newest fleet of HS/HE jack-up rigs in the world, operating with the most advanced drilling systems available in the industry.
For further information, please contact:

Contact:

Robert W. Rose
Chief Executive Officer Prospector Offshore Drilling S.A. Tel: +1 281 560 8010

Prospector Offshore Drilling S.A.

Registered Office: 6, rue Eugène Ruppert, L-2453, Luxembourg

Grand Duchy of Luxembourg

R.C.S. Luxembourg B 153772

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