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Article: Daily Market Alert for Ensco International Inc.
- Article from:
- M2 Presswire
- Article date:
- January 3, 2007
CopyrightCOPYRIGHT 2007 M2 Communications 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-3 January 2007-Oil and Gas News: Daily Market Alert for Ensco International Inc.(C)1994-2007 M2 COMMUNICATIONS LTD
RDATE:03012007
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 ...