Brief: SD Standard Drilling: Distribution Of Cash From JV Owning VLCC "Gustavia S"
July 31 (Reuters) - SD Standard Drilling PLC SDSD.OL :
* DISTRIBUTION OF CASH FROM JOINT VENTURE OWNING VLCC
* STANDARD DRILLING PLC HAS RECEIVED 1/3 OF DISTRIBUTION,
CORRESPONDING TO USD 19.67 MILLION
* AFTER DISTRIBUTION CO HAS CASH HOLDING OF ABOUT USD 37.5
MILLION
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