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Article: Analysis of Ensco International Inc.
- Article from:
- M2 Presswire
- Article date:
- December 4, 2006
CopyrightCOPYRIGHT 2006 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-4 December 2006-Oil and Gas News: Analysis of Ensco International Inc.(C)1994-2006 M2 COMMUNICATIONS LTD
RDATE:04122006
ENSCO International (NYSE:ESV) is well-ensconced as a leading offshore drilling contractor. The company owns a fleet of 45 offshore rigs, including 42 jack-ups, one barge rig, one platform rig, and one semisubmersible (capable of drilling in up to 8,500 feet of water). ENSCO conducts most of its domestic drilling business in the Gulf of Mexico, but also operates in the North Sea; offshore West Africa, Indonesia, and Trinidad; and in the Asia/Pacific region. In order to focus on its core business, ENSCO has sold its Marine ...