Pride International, Inc. Provides Fleet Contract Status Update
HOUSTON, TX -- (Marketwire) -- 10/05/09 -- Pride International, Inc. (NYSE: PDE) today
announced that its report of drilling rig status and contract information
covering the company's fleet of offshore drilling rigs and its three
drilling management projects has been updated as of October 1, 2009. The
updated report, titled "Monthly Fleet Update," is available through the
company's website at www.prideinternational.com and can be accessed at the
Investor Relations link.
Pride International, Inc., headquartered in Houston, Texas, operates a
fleet of 24 rigs, including two deepwater drillships, 12 semisubmersible
rigs, seven independent leg jackups, and three managed deepwater rigs. The
company also has four ultra-deepwater drillships under construction.
Statements regarding the estimated duration of client contracts, contract
dayrate amounts, future contract commencement dates and locations, planned
shipyard projects, other out of service time, expected shipyard deliveries,
as well as any other statements that are not historical facts in the report
are forward-looking statements within the meaning of the Securities Act of
1933 and the Securities Exchange Act of 1934. These forward-looking
statements are subject to certain risks, uncertainties and assumptions
identified above or as disclosed from time to time in the company's filings
with the Securities and Exchange Commission. As a result of these factors,
actual results may differ materially from those indicated or implied by
such forward-looking statements.