Ability Drilling is today sending its creditors notice of temporarily
suspension  of  payments,  lasting  to  13.06.2009.  The  notice   is
following the  situation occurred  as a  consequence of  delayed  rig
deliveries from supplier TTS, and an escalated conflict level between
Ability Drilling  and TTS.   The company  takes this  step to  secure
equality between the company's creditors.

In  the  notice  to  the   creditors,  the  management  expresses   a
preliminary evaluation of the values in the company, concluding  that
there  are  enough  assets  to  cover  all  legitimate  claims   from
creditors, including long term debt.

However, short  term  it will  be  necessary to  dispose  assets  not
included in a future business plan,  to secure a payment plan to  the
benefit of all creditors.

The company will inform on further plans when appropriate.


Contact person:
 Hans Petter Eikeland, tlf. +47 932 08 177
 Kenneth Tunes, tlf. 47 915 44 901


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