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Paragon Offshore Provides Fleet Status Report

HOUSTON, Aug. 4, 2014 /PRNewswire/ -- Paragon Offshore plc ("Paragon") (NYSE: PGN) announced today that it issued a report on drilling rig status and contract information as of August 4, 2014.  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 pure-play global provider of standard specification offshore drilling rigs.  Paragon's drilling fleet consists solely of standard specification rigs and includes 34 jackups and eight floaters (five drillships and three semisubmersibles). 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 Devonshire House, 1 Mayfair Place, London W1J 8AJ, England. Additional information is available at www.paragonoffshore.com.

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