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	<title>Stock Blog Hub &#187; Ensco International Inc</title>
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		<title>(NBR) Nabors Industries Outperforms in Fourth Quarter</title>
		<link>http://www.stockbloghub.com/2012/02/22/nbr-nabors-industries-outperforms-in-fourth-quarter/92165</link>
		<comments>http://www.stockbloghub.com/2012/02/22/nbr-nabors-industries-outperforms-in-fourth-quarter/92165#comments</comments>
		<pubDate>Wed, 22 Feb 2012 18:28:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Ensco International Inc]]></category>
		<category><![CDATA[ESV]]></category>
		<category><![CDATA[Nabors Industries Limited]]></category>
		<category><![CDATA[NBR]]></category>
		<category><![CDATA[Patterson-UTI Energy Inc]]></category>
		<category><![CDATA[PTEN]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=92165</guid>
		<description><![CDATA[Global land drilling contractor Nabors Industries Ltd. (NBR) reported impressive fourth quarter 2011 results, backed by strong performances by the U.S. Offshore and Pressure Pumping units and lower interest expense. Earnings per share from continuous operations (excluding special items) came in at 52 cents, surpassing Zacks Consensus Estimate of 50 cents. Comparing year over year, results improved 18.2% from 44 cents (adjusted) earned in the year-ago quarter. Revenues of $1,739.9 million were above fourth quarter 2010 sales of $1,318.9 million, aided by strong contributions from most of the regions. The result was also 1.3% above the Zacks Consensus Estimate. Contract Drilling Segment: Analysis Nabors’ main operating segment is Contract Drilling, which accounts for the bulk of its revenues and operating earnings. The segment’s operations are spread across 7 sub-segments, namely ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AAPL) Company News for June 09, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/06/09/aapl-company-news-for-june-09-2011-corporate-summary/75875</link>
		<comments>http://www.stockbloghub.com/2011/06/09/aapl-company-news-for-june-09-2011-corporate-summary/75875#comments</comments>
		<pubDate>Thu, 09 Jun 2011 17:32:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Personal Computers]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[AAPL]]></category>
		<category><![CDATA[Apple Inc.]]></category>
		<category><![CDATA[Cabot Oil & Gas Corporation]]></category>
		<category><![CDATA[COG]]></category>
		<category><![CDATA[Ensco International Inc]]></category>
		<category><![CDATA[ESV]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[G-III Apparel Group Limited]]></category>
		<category><![CDATA[GIII]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[LAYN]]></category>
		<category><![CDATA[Layne Christensen Company]]></category>
		<category><![CDATA[NOG]]></category>
		<category><![CDATA[Northern Oil and Gas Inc]]></category>
		<category><![CDATA[Pharmasset Inc]]></category>
		<category><![CDATA[Research In Motion Limited]]></category>
		<category><![CDATA[RIMM]]></category>
		<category><![CDATA[SF]]></category>
		<category><![CDATA[Stifel Financial Corporation]]></category>
		<category><![CDATA[ULTA]]></category>
		<category><![CDATA[Ulta Salon Cosmetics & Fragrance Inc]]></category>
		<category><![CDATA[VRUS]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=75875</guid>
		<description><![CDATA[•    Research In Motion (NASDAQ:RIMM) has purchased Scoreloop, a Munich-based social gaming company. The acquisition will enhance the Blackberry maker’s messenger application as it looks to compete against Apple (NASDAQ:AAPL) and other companies. •    Oil company Exxon Mobil Corp (NYSE:XOM) said it has discovered an oil field in the Gulf of Mexico which may generate over 700 million barrels of oil •    Shares of Colo-based Molycorp, Inc (NYSE:MCP) fell more than 9% after the company announced plans to raise around $200 million from the market via a debt offering •    Canaccord Genuity raised natural-gas producer Cabot Oil &#38; Gas Corp (NYSE:COG) from &#8220;Hold&#8221; rating to &#8220;Buy&#8221; rating •    Drilling and construction services provider Layne Christensen Co. (NASDAQ:LAYN) posted its first quarter earnings results beating analysts’ estimates •    Share prices of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/09/aapl-company-news-for-june-09-2011-corporate-summary/75875/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RDC) Rowan Companies Beat Estimates on Bottom Line</title>
		<link>http://www.stockbloghub.com/2011/05/03/rdc-rowan-companies-beat-estimates-on-bottom-line/73043</link>
		<comments>http://www.stockbloghub.com/2011/05/03/rdc-rowan-companies-beat-estimates-on-bottom-line/73043#comments</comments>
		<pubDate>Tue, 03 May 2011 18:01:12 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Diamond Offshore Drilling Inc]]></category>
		<category><![CDATA[DO]]></category>
		<category><![CDATA[Ensco International Inc]]></category>
		<category><![CDATA[ESV]]></category>
		<category><![CDATA[RDC]]></category>
		<category><![CDATA[Rowan Companies Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73043</guid>
		<description><![CDATA[Rowan Companies Inc. (RDC) recorded adjusted first-quarter 2011 earnings of 49 cents per share, breezing past the Zacks Consensus Estimate of 30 cents but showing deterioration from the year-earlier profit of 56 cents. Total revenue improved 15.8% year over year to $364.3 million in the reported quarter, but failed to match up to our expectation of $401 million. Operational Performance The company’s drilling operations generated revenues of $250.0 million in the quarter, down 24.5% year over year, mainly due to lower average day rates. However, the gross drilling margin decreased to 43% from 59% in the year-earlier quarter. Operating income plunged substantially by 70% to $41.6 million from the year-earlier level. Rowan&#8217;s manufacturing operations’ external revenues jumped 13% on a year-over-year basis to $114.3 million. Gross manufacturing margin dropped to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/03/rdc-rowan-companies-beat-estimates-on-bottom-line/73043/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RDC) Rowan Companies Analyst Reiterates Shares at Neutral</title>
		<link>http://www.stockbloghub.com/2011/04/03/rdc-rowan-companies-analyst-reiterates-shares-at-neutral/70529</link>
		<comments>http://www.stockbloghub.com/2011/04/03/rdc-rowan-companies-analyst-reiterates-shares-at-neutral/70529#comments</comments>
		<pubDate>Sun, 03 Apr 2011 15:53:01 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Diamond Offshore Drilling Inc]]></category>
		<category><![CDATA[DO]]></category>
		<category><![CDATA[Ensco International Inc]]></category>
		<category><![CDATA[ESV]]></category>
		<category><![CDATA[RDC]]></category>
		<category><![CDATA[Rowan Companies Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=70529</guid>
		<description><![CDATA[We maintain our Neutral recommendation on Rowan Companies Inc. (RDC) given its impressive fourth-quarter 2010 results, which comfortably beat both earnings and revenue estimates. We remain on the sidelines owing to the possible oversupply of global jackups in the next few years, thereby reflecting downside pressure on jackup rates. Rowan’s better-than-expected fourth quarter results mainly driven by improvements in its drilling and manufacturing operations. The company’s contract drilling as well as manufacturing improvements were attributable to proficient cost controlling, accompanied by outperformance in the mining products group, for which Rowan expects demand to perk up in 2011. We view Rowan as the key premium jackup company in the bifurcated shallow water market. The company’s premium high-specification rig fleet enjoys greater utilization than most of the other shallow-water fleets. We believe ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ANN) Company News for March 14, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/03/14/ann-company-news-for-march-14-2011-corporate-summary/68669</link>
		<comments>http://www.stockbloghub.com/2011/03/14/ann-company-news-for-march-14-2011-corporate-summary/68669#comments</comments>
		<pubDate>Mon, 14 Mar 2011 17:05:20 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Apparel Stores]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[Aeropostale Inc.]]></category>
		<category><![CDATA[ANN]]></category>
		<category><![CDATA[AnnTaylor Stores Corporation]]></category>
		<category><![CDATA[ARO]]></category>
		<category><![CDATA[BB & T Corporation]]></category>
		<category><![CDATA[BBT]]></category>
		<category><![CDATA[CSX]]></category>
		<category><![CDATA[CSX Corporation]]></category>
		<category><![CDATA[DRC]]></category>
		<category><![CDATA[Dresser-Rand Group Inc.]]></category>
		<category><![CDATA[Ensco International Inc]]></category>
		<category><![CDATA[ESEA]]></category>
		<category><![CDATA[ESV]]></category>
		<category><![CDATA[Euroseas Limited]]></category>
		<category><![CDATA[HANS]]></category>
		<category><![CDATA[Hansen Natural Corporation]]></category>
		<category><![CDATA[Hexcel Corporation]]></category>
		<category><![CDATA[HXL]]></category>
		<category><![CDATA[KR]]></category>
		<category><![CDATA[Kroger Company]]></category>
		<category><![CDATA[LIME]]></category>
		<category><![CDATA[Lime Energy Company]]></category>
		<category><![CDATA[Norfolk Southern Corporation]]></category>
		<category><![CDATA[NSC]]></category>
		<category><![CDATA[Oracle Corporation]]></category>
		<category><![CDATA[ORCL]]></category>
		<category><![CDATA[Smith & Wesson Holding Corporation]]></category>
		<category><![CDATA[SWHC]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[TSO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=68669</guid>
		<description><![CDATA[• Tesoro Corp. (NYSE:TSO) shares ended 8.5% higher at $24.51 as crude-oil prices fell below $101 a barrel and after analysts said that the earthquake could prompt demand for companies that could offset loss of energy from Japanese nuclear plants shuttered after the quake • AnnTaylor Stores (NYSE:ANN) reported Q4 EPS of $0.19, ex-items, ahead of the Zacks Consensus Estimate of $0.17 per share. Comparable store sales rose 11% • Janney Montgomery upgraded BB&#38;T (NYSE:BBT) to Buy from Neutral • Morgan Keegan initiated coverage on Dresser-Rand (NYSE:DRC) and ENSCO International (NYSE:ESV) with an Outperform rating • FBR Capital upgraded Euroseas (NASDAQ:ESEA) to Outperform from Market Perform • RBC Capital upgraded Hexcel (NYSE:HXL) to Outperform from Sector Perform • RBC Capital upgraded Norfolk Southern (NYSE:NSC) to Outperform from Sector Perform • BMO Capital initiated coverage on Oracle (NASDAQ:ORCL) with ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/14/ann-company-news-for-march-14-2011-corporate-summary/68669/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AOL) Stock Market News for Feb 08, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/02/08/aol-stock-market-news-for-feb-08-2011-market-news/66553</link>
		<comments>http://www.stockbloghub.com/2011/02/08/aol-stock-market-news-for-feb-08-2011-market-news/66553#comments</comments>
		<pubDate>Tue, 08 Feb 2011 22:14:12 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Internet Information Providers]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[AOL]]></category>
		<category><![CDATA[Aol Incorporated]]></category>
		<category><![CDATA[BEC]]></category>
		<category><![CDATA[Beckman Coulter Inc]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[BRKA]]></category>
		<category><![CDATA[Danaher Corporation]]></category>
		<category><![CDATA[DHR]]></category>
		<category><![CDATA[Ensco International Inc]]></category>
		<category><![CDATA[ESV]]></category>
		<category><![CDATA[HAS]]></category>
		<category><![CDATA[Hasbro Inc.]]></category>
		<category><![CDATA[L]]></category>
		<category><![CDATA[LO]]></category>
		<category><![CDATA[Loews Corporation]]></category>
		<category><![CDATA[Lorillard Inc.]]></category>
		<category><![CDATA[PDE]]></category>
		<category><![CDATA[Pride International Inc]]></category>
		<category><![CDATA[Sysco Corporation]]></category>
		<category><![CDATA[SYY]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=66553</guid>
		<description><![CDATA[Strong earnings results, a flurry of merger and acquisition news and signs of normal economic activity in Egypt helped the markets to move up higher on Monday. The Dow Jones Industrial Average gained 0.57% to end at 12,161.55. The S&#38;P 500 moved up 0.62%, or 8.18 points, to close at 1,319.05. Additionally, the tech-laden Nasdaq Composite Index gained 14.69 points or 0.53% to close at 2,783.99. On the New York Stock Exchange, breadth of the market was light with only 6.89 billion shares traded. On the economic front, there were no releases on Monday that could have a significant impact on the markets. However, in a speech at the US Chamber of Commerce, President Barrack Obama urged businessmen to begin investing afresh and to create more jobs assuring them the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/02/08/aol-stock-market-news-for-feb-08-2011-market-news/66553/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AOL) Company News for February 08, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/02/08/aol-company-news-for-february-08-2011-corporate-summary/66552</link>
		<comments>http://www.stockbloghub.com/2011/02/08/aol-company-news-for-february-08-2011-corporate-summary/66552#comments</comments>
		<pubDate>Tue, 08 Feb 2011 22:10:01 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Internet Information Providers]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[AOL]]></category>
		<category><![CDATA[Aol Incorporated]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BEC]]></category>
		<category><![CDATA[Beckman Coulter Inc]]></category>
		<category><![CDATA[Danaher Corporation]]></category>
		<category><![CDATA[DHR]]></category>
		<category><![CDATA[Ensco International Inc]]></category>
		<category><![CDATA[ESV]]></category>
		<category><![CDATA[Glu Mobile Inc.]]></category>
		<category><![CDATA[GLUU]]></category>
		<category><![CDATA[L]]></category>
		<category><![CDATA[Loews Corporation]]></category>
		<category><![CDATA[MA]]></category>
		<category><![CDATA[Mastercard Incorporated]]></category>
		<category><![CDATA[PDE]]></category>
		<category><![CDATA[Pride International Inc]]></category>
		<category><![CDATA[VECO]]></category>
		<category><![CDATA[Veeco Instruments Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=66552</guid>
		<description><![CDATA[• Loews Corp. (NYSE:L) reported Q4 EPS of $1.12, ahead of the Zacks Consensus Estimate of $0.88 per share. Revenues for the quarter fell 3% year-over-year to $3.72 billion. • AOL (NYSE:AOL) announced its plans to acquire online news site Huffington Post for $315 million • Ensco Plc (NYSE:ESV) and Pride International (NYSE:PDE) reported they have entered into a merger agreement under which Ensco will combine with Pride in a cash and stock transaction valued at $41.60 per share • Glu Mobile (NASDAQ:GLUU) reported a Q4 loss of $0.02 per share, ahead of the Zacks Consensus Estimate of a loss of $0.09 per share. Revenues fell 18% year-over-year to $15.6 million, ahead of the Zacks Consensus Estimate of $14.0 million • Veeco (NASDAQ:VECO) reported Q4 EPS of $1.62 per share above the Zacks  Consensus Estimate ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/02/08/aol-company-news-for-february-08-2011-corporate-summary/66552/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RDC) Rowan Companies Analyst Maintains Neutral Rating on Shares</title>
		<link>http://www.stockbloghub.com/2010/12/26/rdc-rowan-companies-analyst-maintains-neutral-rating-on-shares/60758</link>
		<comments>http://www.stockbloghub.com/2010/12/26/rdc-rowan-companies-analyst-maintains-neutral-rating-on-shares/60758#comments</comments>
		<pubDate>Sun, 26 Dec 2010 21:24:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Ensco International Inc]]></category>
		<category><![CDATA[ESV]]></category>
		<category><![CDATA[NE]]></category>
		<category><![CDATA[Noble Corporation]]></category>
		<category><![CDATA[PDE]]></category>
		<category><![CDATA[Pride International Inc]]></category>
		<category><![CDATA[RDC]]></category>
		<category><![CDATA[Rowan Companies Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=60758</guid>
		<description><![CDATA[We maintain our Neutral recommendation for Rowan Companies Inc. (RDC) following better-than-expected third-quarter results. Revenue was up more than 11% year over year. The company is confident of adding backlog on several high-spec jackups in the near term. This was affirmed by the recent contract award for its first N-class jackup acquired as part of Skeie Drilling &#38; Production ASA. With oil prices remaining strong and tendering activity on the rise, we expect the international jackup market to strengthen further. However, we believe that pricing will be under modest pressure in the near future as new jackups begin to enter the market. Houston, Texas-based Rowan is a provider of international and domestic contract drilling and aviation services. The company’s operations are presently conducted in Mexico, Saudi Arabia, Egypt, West Africa, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/12/26/rdc-rowan-companies-analyst-maintains-neutral-rating-on-shares/60758/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RIG) U.S. Lifts Gulf of Mexico Offshore Drilling Ban</title>
		<link>http://www.stockbloghub.com/2010/10/17/rig-u-s-lifts-gulf-of-mexico-offshore-drilling-ban/55069</link>
		<comments>http://www.stockbloghub.com/2010/10/17/rig-u-s-lifts-gulf-of-mexico-offshore-drilling-ban/55069#comments</comments>
		<pubDate>Sun, 17 Oct 2010 20:16:03 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[Diamond Offshore Drilling Inc]]></category>
		<category><![CDATA[DO]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Ensco International Inc]]></category>
		<category><![CDATA[ESV]]></category>
		<category><![CDATA[NE]]></category>
		<category><![CDATA[Noble Corporation]]></category>
		<category><![CDATA[RIG]]></category>
		<category><![CDATA[Transocean Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=55069</guid>
		<description><![CDATA[The federal government has decided to lift its deepwater drilling moratorium in the Gulf of Mexico (&#8220;GoM&#8221;), weeks ahead of its scheduled late-November expiration. The Interior Department, which oversees offshore drilling, stressed that the newly issued technological and safety reforms for offshore drillers – that is expected to cut the risk of another disastrous blowout and oil spill – was the main reason for the early termination of the freeze. As a reminder, on April 20, offshore driller Transocean Inc’s (RIG) ultra-deepwater Horizon drilling platform, contracted to British major BP plc (BP), sank following an explosion while operating in the U.S. GoM off the coast of Louisiana. The incident killed 11 workers and spewed more than 200 million gallons of crude in what is touted as the worst oil spill ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/10/17/rig-u-s-lifts-gulf-of-mexico-offshore-drilling-ban/55069/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DO) U.S. Deepwater Drilling Ban May Lift Sooner</title>
		<link>http://www.stockbloghub.com/2010/09/30/do-deepwater-drill-ban-may-lift-sooner/53406</link>
		<comments>http://www.stockbloghub.com/2010/09/30/do-deepwater-drill-ban-may-lift-sooner/53406#comments</comments>
		<pubDate>Fri, 01 Oct 2010 05:27:49 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[Diamond Offshore Drilling Inc]]></category>
		<category><![CDATA[DO]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Ensco International Inc]]></category>
		<category><![CDATA[ESV]]></category>
		<category><![CDATA[NE]]></category>
		<category><![CDATA[Noble Corporation]]></category>
		<category><![CDATA[RIG]]></category>
		<category><![CDATA[Transocean Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=53406</guid>
		<description><![CDATA[While it is well known to the oil industry that the ongoing drilling moratorium will continue through the end of this November, the Obama administration may lift it a little earlier. The Interior Department is set to release new regulations/guidelines for deepwater drilling anytime soon. The government said that it is necessary to introduce the new regulations before the temporary drill ban is lifted. While the ban was meant for deepwater exploration for more than 500 feet, shallow water drillers have also been facing hindrances in getting permission. Last year, the department approved 15 shallow water permits for new wells between June and August. Over the same period this year, the department approved only four. The new rules will come with more strict safety guidelines that may require a certification ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/09/30/do-deepwater-drill-ban-may-lift-sooner/53406/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BHI) U.S. Rig Count Uptick Continues</title>
		<link>http://www.stockbloghub.com/2010/07/25/bhi-u-s-rig-count-uptick-continues/43219</link>
		<comments>http://www.stockbloghub.com/2010/07/25/bhi-u-s-rig-count-uptick-continues/43219#comments</comments>
		<pubDate>Sun, 25 Jul 2010 17:55:46 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil and Gas Equipment and Services]]></category>
		<category><![CDATA[Baker Hughes Inc.]]></category>
		<category><![CDATA[BHI]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[Diamond Offshore Drilling Inc]]></category>
		<category><![CDATA[DO]]></category>
		<category><![CDATA[Ensco International Inc]]></category>
		<category><![CDATA[ESV]]></category>
		<category><![CDATA[Helmerich & Payne Inc]]></category>
		<category><![CDATA[HP]]></category>
		<category><![CDATA[NE]]></category>
		<category><![CDATA[Noble Corporation]]></category>
		<category><![CDATA[Patterson-UTI Energy Inc]]></category>
		<category><![CDATA[PDE]]></category>
		<category><![CDATA[Pride International Inc]]></category>
		<category><![CDATA[PTEN]]></category>
		<category><![CDATA[RDC]]></category>
		<category><![CDATA[RIG]]></category>
		<category><![CDATA[Rowan Companies Inc]]></category>
		<category><![CDATA[Transocean Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=43219</guid>
		<description><![CDATA[In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), reflecting intensified drilling activity. Rigs exploring and producing in the U.S. totaled 1,567 for the week ended July 9, 2010. This is up by 10 from the previous week’s rig count and represents the highest level achieved this year. The current nation-wide rig count is 79% higher from the 2009 low of 876 (set in the week ended June 12, 2009) and significantly exceeds the prior-year level of 916. It rose to a 22-year high in 2008, peaking at 2,031 in the weeks ending August 29 and September 12. Natural Gas Rig Count The natural gas rig count increased ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/07/25/bhi-u-s-rig-count-uptick-continues/43219/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RIG) Oil &amp; Gas Industry Stock Review &#8211; July 2010 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/07/23/eia-oil-gas-industry-stock-review-july-2010-industry-outlook/44363</link>
		<comments>http://www.stockbloghub.com/2010/07/23/eia-oil-gas-industry-stock-review-july-2010-industry-outlook/44363#comments</comments>
		<pubDate>Fri, 23 Jul 2010 15:15:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Closed-End Fund - Debt]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Acergy Sa]]></category>
		<category><![CDATA[ACGY]]></category>
		<category><![CDATA[CLB]]></category>
		<category><![CDATA[Core Laboratories NV]]></category>
		<category><![CDATA[Diamond Offshore Drilling Inc]]></category>
		<category><![CDATA[DO]]></category>
		<category><![CDATA[Ensco International Inc]]></category>
		<category><![CDATA[ESV]]></category>
		<category><![CDATA[FMC Technologies]]></category>
		<category><![CDATA[FTI]]></category>
		<category><![CDATA[Helmerich & Payne Inc]]></category>
		<category><![CDATA[HP]]></category>
		<category><![CDATA[NE]]></category>
		<category><![CDATA[Noble Corporation]]></category>
		<category><![CDATA[Patterson-UTI Energy Inc]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[PDE]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[Pride International Inc]]></category>
		<category><![CDATA[PTEN]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RDC]]></category>
		<category><![CDATA[RIG]]></category>
		<category><![CDATA[Rowan Companies Inc]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[Transocean Limited]]></category>
		<category><![CDATA[TSO]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=44363</guid>
		<description><![CDATA[OUTLOOK Crude Oil The improving economic scene, both here in the U.S. as well as worldwide, had been the main driver of the oil rally that saw the commodity zoom past the $85 per barrel level in late April/early May 2010. However, in recent days, concerns about the European debt crisis and China’s growth outlook have renewed apprehensions about the global growth and energy demand. As a result, oil prices have slumped to around $76 per barrel. Additionally, high levels of product inventories (gasoline and distillate stocks remain above the upper boundary of the average range for this time of year), along with soaring commercial oil supplies, has further dragged down crude prices, in our view. But far too many factors weigh on oil prices &#8212; from OPEC decisions and ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/07/23/eia-oil-gas-industry-stock-review-july-2010-industry-outlook/44363/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DO) Diamond Offshore Sells Ocean Shield to Ensco plc</title>
		<link>http://www.stockbloghub.com/2010/07/08/do-diamond-offshore-sells-ocean-shield-to-ensco-plc/42911</link>
		<comments>http://www.stockbloghub.com/2010/07/08/do-diamond-offshore-sells-ocean-shield-to-ensco-plc/42911#comments</comments>
		<pubDate>Thu, 08 Jul 2010 23:03:13 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[APA]]></category>
		<category><![CDATA[Apache Corporation]]></category>
		<category><![CDATA[Diamond Offshore Drilling Inc]]></category>
		<category><![CDATA[DO]]></category>
		<category><![CDATA[Ensco International Inc]]></category>
		<category><![CDATA[ESV]]></category>
		<category><![CDATA[NE]]></category>
		<category><![CDATA[Noble Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=42911</guid>
		<description><![CDATA[Offshore driller Diamond Offshore Drilling Inc. (DO) disposed of its 350-feet high-specification jackup Ocean Shield to Ensco plc (ESV) for $186 million in cash, reflecting the company’s intention to utilize the cash in the deepwater drilling assets. The sale of Ocean Shield also reveals drilling contractors’ interest in deepwater investments, despite a cloudy drilling scenario due to the Gulf of Mexico (GoM) moratorium. Recently, Noble Corp. (NE) agreed to purchase FDR Holdings Ltd (aka Frontier) for $2.16 billion in order to emphasize its position in the U.S. Gulf. Ocean Shield has a contract with Apache Corp. (APA) in Australia, which will last through May 2011 and Ensco will assume the contract. Diamond is highly leveraged to the deepwater markets through its fleet of high-specification and generates most of its revenue ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/07/08/do-diamond-offshore-sells-ocean-shield-to-ensco-plc/42911/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BHI) U.S. Oil / Natural Gas Drilling Rig Count Inches Ahead</title>
		<link>http://www.stockbloghub.com/2010/07/06/bhi-u-s-oil-natural-gas-drilling-rig-count-inches-ahead/42627</link>
		<comments>http://www.stockbloghub.com/2010/07/06/bhi-u-s-oil-natural-gas-drilling-rig-count-inches-ahead/42627#comments</comments>
		<pubDate>Tue, 06 Jul 2010 20:51:45 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil and Gas Equipment and Services]]></category>
		<category><![CDATA[Baker Hughes Inc.]]></category>
		<category><![CDATA[BHI]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[Diamond Offshore Drilling Inc]]></category>
		<category><![CDATA[DO]]></category>
		<category><![CDATA[Ensco International Inc]]></category>
		<category><![CDATA[ESV]]></category>
		<category><![CDATA[Nabors Industries Limited]]></category>
		<category><![CDATA[NBR]]></category>
		<category><![CDATA[NE]]></category>
		<category><![CDATA[Noble Corporation]]></category>
		<category><![CDATA[Patterson-UTI Energy Inc]]></category>
		<category><![CDATA[PDE]]></category>
		<category><![CDATA[Pride International Inc]]></category>
		<category><![CDATA[PTEN]]></category>
		<category><![CDATA[RDC]]></category>
		<category><![CDATA[RIG]]></category>
		<category><![CDATA[Rowan Companies Inc]]></category>
		<category><![CDATA[Transocean Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=42627</guid>
		<description><![CDATA[In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), reflecting intensified drilling activity despite recent price declines for both commodities. Rigs exploring and producing in the U.S. totaled 1,557 for the week ended July 2, 2010. This is up by 5 from the previous week’s rig count and represents the highest level achieved this year. The current nation-wide rig count is 78% higher from the 2009 low of 876 (set in the week ended June 12, 2009) and significantly exceeds the prior-year level of 928. It rose to a 22-year high in 2008, peaking at 2,031 in the weeks ending August 29 and September 12. Natural Gas Rig ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/07/06/bhi-u-s-oil-natural-gas-drilling-rig-count-inches-ahead/42627/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BHI) U.S Drilling Rig Count Continues Moving Up</title>
		<link>http://www.stockbloghub.com/2010/06/21/bhi-u-s-drilling-rig-count-continues-moving-up/40863</link>
		<comments>http://www.stockbloghub.com/2010/06/21/bhi-u-s-drilling-rig-count-continues-moving-up/40863#comments</comments>
		<pubDate>Mon, 21 Jun 2010 13:28:27 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil and Gas Equipment and Services]]></category>
		<category><![CDATA[Baker Hughes Inc.]]></category>
		<category><![CDATA[BHI]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[Diamond Offshore Drilling Inc]]></category>
		<category><![CDATA[DO]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Ensco International Inc]]></category>
		<category><![CDATA[ESV]]></category>
		<category><![CDATA[Helmerich & Payne Inc]]></category>
		<category><![CDATA[HP]]></category>
		<category><![CDATA[Nabors Industries Limited]]></category>
		<category><![CDATA[NBR]]></category>
		<category><![CDATA[NE]]></category>
		<category><![CDATA[Noble Corporation]]></category>
		<category><![CDATA[Patterson-UTI Energy Inc]]></category>
		<category><![CDATA[PDE]]></category>
		<category><![CDATA[Pride International Inc]]></category>
		<category><![CDATA[PTEN]]></category>
		<category><![CDATA[RDC]]></category>
		<category><![CDATA[RIG]]></category>
		<category><![CDATA[Rowan Companies Inc]]></category>
		<category><![CDATA[Transocean Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=40863</guid>
		<description><![CDATA[In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), reflecting intensified drilling activity in Texas. This was partly offset by the growing oil spill in the U.S. Gulf of Mexico (GoM) and the ensuing drilling ban in the region that reduced activity. Rigs operating in the state of Texas climbed to their highest level in 16 months, while rig count in the GoM plunged further to a new 16-year low of 17 rigs (after dropping by a whopping 57% over the last two weeks). Rigs exploring and producing in the U.S. totaled 1,539 for the week ended June 18, 2010. This is up by 12 from the previous ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/06/21/bhi-u-s-drilling-rig-count-continues-moving-up/40863/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BHI) U.S. Rig Count Up Despite BP Spill</title>
		<link>http://www.stockbloghub.com/2010/06/14/bhi-u-s-rig-count-up-despite-bp-spill/40379</link>
		<comments>http://www.stockbloghub.com/2010/06/14/bhi-u-s-rig-count-up-despite-bp-spill/40379#comments</comments>
		<pubDate>Mon, 14 Jun 2010 19:43:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil and Gas Equipment and Services]]></category>
		<category><![CDATA[Baker Hughes Inc.]]></category>
		<category><![CDATA[BHI]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[Diamond Offshore Drilling Inc]]></category>
		<category><![CDATA[DO]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Ensco International Inc]]></category>
		<category><![CDATA[ESV]]></category>
		<category><![CDATA[Helmerich & Payne Inc]]></category>
		<category><![CDATA[HP]]></category>
		<category><![CDATA[Nabors Industries Limited]]></category>
		<category><![CDATA[NBR]]></category>
		<category><![CDATA[NE]]></category>
		<category><![CDATA[Noble Corporation]]></category>
		<category><![CDATA[Patterson-UTI Energy Inc]]></category>
		<category><![CDATA[PTEN]]></category>
		<category><![CDATA[RDC]]></category>
		<category><![CDATA[RIG]]></category>
		<category><![CDATA[Rowan Companies Inc]]></category>
		<category><![CDATA[Transocean Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=40379</guid>
		<description><![CDATA[In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), reflecting intensified drilling activity in Texas . This was partly offset by the growing oil spill in the U.S. Gulf of Mexico (GoM) and ensuing drilling ban in the region that pared back activity. Rigs operating in the state of Texas climbed to their highest level in 16 months, while rig count in the GoM plunged further to a 16-year low of 20 (after dropping by a whopping 50% last week). Rigs exploring and producing in the U.S. totaled 1,527 for the week ended June 11, 2010. This is up by 21 from the previous week’s rig count and ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/06/14/bhi-u-s-rig-count-up-despite-bp-spill/40379/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BHI) U.S. Gulf of Mexico Drilling Ban Pulls Down U.S. Rig Count</title>
		<link>http://www.stockbloghub.com/2010/06/07/bhi-u-s-gulf-of-mexico-drilling-ban-pulls-down-u-s-rig-count/39571</link>
		<comments>http://www.stockbloghub.com/2010/06/07/bhi-u-s-gulf-of-mexico-drilling-ban-pulls-down-u-s-rig-count/39571#comments</comments>
		<pubDate>Mon, 07 Jun 2010 21:46:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil and Gas Equipment and Services]]></category>
		<category><![CDATA[Baker Hughes Inc.]]></category>
		<category><![CDATA[BHI]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[Diamond Offshore Drilling Inc]]></category>
		<category><![CDATA[DO]]></category>
		<category><![CDATA[Ensco International Inc]]></category>
		<category><![CDATA[ESV]]></category>
		<category><![CDATA[Helmerich & Payne Inc]]></category>
		<category><![CDATA[HP]]></category>
		<category><![CDATA[Nabors Industries Limited]]></category>
		<category><![CDATA[NBR]]></category>
		<category><![CDATA[NE]]></category>
		<category><![CDATA[Noble Corporation]]></category>
		<category><![CDATA[Patterson-UTI Energy Inc]]></category>
		<category><![CDATA[PTEN]]></category>
		<category><![CDATA[RDC]]></category>
		<category><![CDATA[RIG]]></category>
		<category><![CDATA[Rowan Companies Inc]]></category>
		<category><![CDATA[Transocean Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=39571</guid>
		<description><![CDATA[In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a fall in the U.S. rig count (number of rigs searching for oil and gas in the country), reflecting the growing oil spill in the U.S. Gulf of Mexico (GoM) and ensuing drilling ban in the region that pared back activity. In fact, rigs operating in the GoM plunged by 50% this week to a 16-year low of 23. Rigs exploring and producing in the U.S. totaled 1,506 for the week ended June 4, 2010 (as clear from the first chart below from Baker Hughes). This is down by 29 from the previous week’s tally and represents the first decline in six weeks. However, the current nationwide rig count is 72% higher from the 2009 low of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/06/07/bhi-u-s-gulf-of-mexico-drilling-ban-pulls-down-u-s-rig-count/39571/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ESV) Ensco International Changes Name to Ensco plc</title>
		<link>http://www.stockbloghub.com/2010/03/29/esv-ensco-international-changes-name-to-ensco-plc/31708</link>
		<comments>http://www.stockbloghub.com/2010/03/29/esv-ensco-international-changes-name-to-ensco-plc/31708#comments</comments>
		<pubDate>Mon, 29 Mar 2010 21:02:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Ensco International Inc]]></category>
		<category><![CDATA[ESV]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31708</guid>
		<description><![CDATA[Ensco International plc (ESV) will be known as Ensco plc, effective March 31, 2010. Management said that this name change is part of the company’s move to its new headquarters in London. Though the company will rename itself, it will continue with the same lines of business and trade on the New York Stock Exchange under the existing ticker symbol “ESV&#8221;. Ensco is a leading supplier of offshore contract drilling services to the oil and gas industry. The company’s drilling fleet consists of 40 jackup rigs, four ultra-deepwater semi-submersible rigs and one barge rig. Additionally, the company has four ultra-deepwater semi-submersible rigs (Ensco 8500 series) under construction. Effective December 23, 2009, Ensco has shifted its corporate headquarters from Delaware to the U.K. The change is meant to refocus its business ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/29/esv-ensco-international-changes-name-to-ensco-plc/31708/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ESV) Ensco International Sells Jackup Drilling Rigs</title>
		<link>http://www.stockbloghub.com/2010/03/27/esv-ensco-international-sells-jackup-drilling-rigs/31458</link>
		<comments>http://www.stockbloghub.com/2010/03/27/esv-ensco-international-sells-jackup-drilling-rigs/31458#comments</comments>
		<pubDate>Sat, 27 Mar 2010 21:19:37 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Ensco International Inc]]></category>
		<category><![CDATA[ESV]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31458</guid>
		<description><![CDATA[In a continuous endeavor to invest in its growing fleet of ultra-deepwater semisubmersibles, Ensco International plc (ESV) has recently sold two jackup drilling rigs for approximately $95 million. The two rigs in question are Ensco 50 and Ensco 51. As of December 31, 2009, the total net book value of these rigs was approximately $63 million. Ensco has a long history of upgrading its fleet by investing in newer equipment and divesting older assets. Following the sale, Ensco’s drilling fleet will consist of 40 jackup rigs, 4 ultra-deepwater semi-submersible rigs (Ensco 7500, Ensco 8500, Ensco 8501 and Ensco 8502) and 1 barge rig. Additionally, the company has 4 ultra-deepwater semi-submersible rigs (Ensco 8500 series) under construction. The financial discipline followed by Ensco for many years has made it one of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/27/esv-ensco-international-sells-jackup-drilling-rigs/31458/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ESV) ENSCO International plc Shows A Mixed Bag of Earnings Revisions</title>
		<link>http://www.stockbloghub.com/2010/03/08/esv-ensco-international-plc-shows-a-mixed-bag-of-earnings-revisions/30065</link>
		<comments>http://www.stockbloghub.com/2010/03/08/esv-ensco-international-plc-shows-a-mixed-bag-of-earnings-revisions/30065#comments</comments>
		<pubDate>Mon, 08 Mar 2010 23:44:09 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Diamond Offshore Drilling Inc]]></category>
		<category><![CDATA[DO]]></category>
		<category><![CDATA[Ensco International Inc]]></category>
		<category><![CDATA[ESV]]></category>
		<category><![CDATA[NE]]></category>
		<category><![CDATA[Noble Corporation]]></category>
		<category><![CDATA[RIG]]></category>
		<category><![CDATA[Transocean Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=30065</guid>
		<description><![CDATA[Despite modestly better-than-expected fourth quarter results, earnings estimates of the first two quarters and full-year 2010 for ENSCO International plc (ESV) are on a downtrend. However, for 2011, estimates are on the rise. Fourth Quarter Recap Earnings per share from continuing operations came in at $1.24 in the fourth quarter of 2009, topping the Zacks Consensus Estimate of $1.22. However, on a year-over-year basis, ENSCO’s earnings per share declined 42%, while revenues were down 17.4% to $499.6 million. Key Facts •    With the redomestication to the UK, the company currently expects its 2010 effective tax rate will be approximately 16% to 17% versus 19% in the last year. As the restructuring activities are expected to wrap up by mid-year, ENSCO will not get the full benefit of these changes in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/08/esv-ensco-international-plc-shows-a-mixed-bag-of-earnings-revisions/30065/feed</wfw:commentRss>
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		<title>(ESV) Another Newbuild for ENSCO International</title>
		<link>http://www.stockbloghub.com/2009/12/08/esv-another-newbuild-for-ensco-international/22298</link>
		<comments>http://www.stockbloghub.com/2009/12/08/esv-another-newbuild-for-ensco-international/22298#comments</comments>
		<pubDate>Wed, 09 Dec 2009 03:38:49 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Ensco International Inc]]></category>
		<category><![CDATA[ESV]]></category>
		<category><![CDATA[NEXEN Inc]]></category>
		<category><![CDATA[NXY]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=22298</guid>
		<description><![CDATA[ENSCO International Inc. (ESV) expects to take delivery of the third of seven ENSCO 8500 Series ultra-deepwater semisubmersible drilling rigs (ENSCO 8502) in early 2010. This follows the builder’s (Keppel FELS Limited of Singapore) assurance that the manufacture is on time and within budget. Following its scheduled delivery, mobilizing and outfitting, ENSCO 8502 will start operations in the U.S. Gulf of Mexico (GoM) under a two-year contract with Nexen Inc. (NXY) during the second quarter of 2010. The contract may be extended up to 3 to 4 years. Following the delivery of the first 8500 Series rig ENSCO 8500 in September 2008, the company received the second in this series, ENSCO 8501, in October 2009. ENSCO 8503 is scheduled for delivery in the fourth quarter of 2010, with two-year contracts ]]></description>
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		<title>($ESV) ENSCO International Beats on Deepwater Strength</title>
		<link>http://www.stockbloghub.com/2009/10/22/esv-ensco-international-beats-on-deepwater-strength/18535</link>
		<comments>http://www.stockbloghub.com/2009/10/22/esv-ensco-international-beats-on-deepwater-strength/18535#comments</comments>
		<pubDate>Thu, 22 Oct 2009 22:32:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Ensco International Inc]]></category>
		<category><![CDATA[ESV]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=18535</guid>
		<description><![CDATA[ENSCO International Inc. (ESV) – a leading supplier of offshore contract drilling services to the oil and gas industry – yesterday reported modestly better-than-expected third quarter results, driven by robust performance of its deepwater segment. Earnings per share from continuing operations came in at $1.05, topping the Zacks Consensus Estimate of $1.03. However, on a year-over-year basis, ENSCO’s earnings per share declined more than 49%, while revenues were down 31.3% to $425.4 million. The year-over-year negative comparison was due to lower rig utilization, a decline in average day rates for the premium jackup fleet, and unplanned downtimes. Jackup The average day rate in the Asia-Pacific region decreased 9.6% year over year to $141,945. The Asia-Pacific jackup rig utilization was 62%, down from 96% in the year-ago quarter. Average day rates ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/10/22/esv-ensco-international-beats-on-deepwater-strength/18535/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(ESV) ENSCO International Launches Deepwater Rig</title>
		<link>http://www.stockbloghub.com/2009/10/17/esv-ensco-international-launches-deepwater-rig/18056</link>
		<comments>http://www.stockbloghub.com/2009/10/17/esv-ensco-international-launches-deepwater-rig/18056#comments</comments>
		<pubDate>Sat, 17 Oct 2009 21:25:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Ensco International Inc]]></category>
		<category><![CDATA[ESV]]></category>
		<category><![CDATA[NBL]]></category>
		<category><![CDATA[NEXEN Inc]]></category>
		<category><![CDATA[Noble Energy Inc]]></category>
		<category><![CDATA[NXY]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=18056</guid>
		<description><![CDATA[ENSCO International Inc. (ESV) on Thursday announced the commencement of operations of its second ultra-deepwater semisubmersible rig ENSCO 8501. The rig began operations in the Gulf of Mexico (GoM) on Oct 8 under a three-and-a-half year contract with Nexen Inc. (NXY) and Noble Energy (NBL). In September 2008, ENSCO received the first of the seven new ultra-deepwater semisubmersibles in the ENSCO 8500 Series®. ENSCO 8502 and ENSCO 8503 are scheduled for delivery in the first and fourth quarters of 2010, respectively, each with two-year contracts in the GoM. ENSCO 8504 is scheduled for delivery in 2011. ENSCO 8505 and ENSCO 8506 are scheduled for delivery in 2012. The company is on the track toward having the world’s largest fleet of ultra-deepwater semisubmersibles capable of drilling in water depths of 7,500 ]]></description>
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