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Paragon Offshore Announces Engagement Of Advisors

HOUSTON, Sept. 17, 2015 /PRNewswire/ -- Paragon Offshore plc ("Paragon") (PGN) announced today that it has retained Lazard and Weil, Gotshal & Manges LLP to advise Paragon on strategic alternatives related to its capital structure.

Forward-Looking Disclosure Statement

This release contains forward-looking statements. Statements regarding pursuit of strategic alternatives related to Paragon's capital structure, as well as any other statements that are not historical facts in this release, are forward-looking statements that involve certain risks, uncertainties and assumptions. These include but are not limited to risks associated with the general nature of the oil and gas industry, risks associated with the operation of Paragon as a...