50 cents/qtr now puts it at highest yielding driller. Aims to incr dividend next year.

Highlights
* Seadrill generates record EBITDA of US$497million for the third quarter 2009
* Seadrill reports net income of US$345 million and earnings per share of US$0.82 for the third quarter 2009
* Seadrill delivers strong improvement in average utilization rate and earnings from deepwater fleet
* Seadrill sells the jack-up rig West Ceres for a total consideration of US$178 million
* Seadrill secures US$2.1 billion in new financing while repaying a US$ 1.0 billion bridge loan
* Seadrill declares US$0.50 per share in cash dividendsThird quarter results