Tuesday, March 30, 2010

Ensco International sells drilling rigs

Offshore oil driller Ensco International said Friday its subsidiaries have sold about $95 million worth of equipment.

Ensco said the equipment, two jackup drilling rigs that were built in the 1980s, had a book value around $63 million. They will be reclassified as discontinued operations in company financial reports for the first quarter.

An extract from http://www.businessweek.com/ap/financialnews/D9EHV09G0.htm

Oil & Gas Equipment Marketplace

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