ESV: ENSCO 68 New Contract...!
- New Contract. Otto Energy Ltd. (ASX: OEL) recently signed a contract with ENSCO PLC (ESV – SELL) for the ENSCO 68 (400 ft.) for 60 days at an estimated day rate range of approximately $52-58k/d. The total estimated potential revenues for 60 days is approximately $3.1-3.5 million.
- Number of pages 6.
Ensco is an offshore contract drilling company engaged in providing offshore contract drilling services to the international oil and gas industry. As of Dec 31 2017, Co. owned and operated an offshore drilling rig fleet of 62 rigs. Co.'s rig fleet includes 12 drillships, 11 semisubmersible rigs, four moored semisubmersible rigs and 38 jackup rigs, including rigs under construction. Co.'s business consists of three operating segments: floaters, which includes its drillships and semisubmersible rigs; jackups; and other, which consists of management services on rigs owned by third-parties. Co.'s two reportable segments, floaters and jackups, provide one service, contract drilling.
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