Paragon Offshore Provides Fleet Status Report

HOUSTON, Jan. 19, 2015 /PRNewswire/ -- Paragon Offshore plc ("Paragon") (NYSE: PGN) announced today that it issued a report on drilling rig status and contract information as of January 19, 2015.  The report, titled "Fleet Status Report," can be found on the Company's website at www.paragonoffshore.com, under the "Our Fleet" section of the website.

About Paragon Offshore
Paragon is a global provider of offshore drilling rigs.  Paragon's drilling fleet includes 33 jackups and eight floaters (five drillships and three semisubmersibles). In addition, Paragon is the majority shareholder of Prospector Offshore Drilling A.S., a publicly traded offshore drilling company on the Oslo Axess stock exchange that owns and operates two high specification jackups.  Paragon's primary business is contracting its rigs, related equipment and work crews to conduct oil and gas drilling and workover operations for its exploration and production customers on a dayrate basis around the world. Paragon's principal executive offices are located in Houston, Texas. Paragon is a public limited company registered in England and Wales with company number 08814042 and registered office at 20-22 Bedford Row, London, WC1R 4JS, England. Additional information is available at www.paragonoffshore.com.

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SOURCE Paragon Offshore plc

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http://www.paragonoffshore.com

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