LUXEMBOURG--(BUSINESS WIRE)--
Pacific Drilling S.A. (NYSE: PACD) today provided an update on the
status of its ultra-deepwater drillships.
In reference to the January 29 U.S. Bureau of Safety and Environmental
Enforcement safety alert regarding GE connectors and bolts, none
of Pacific Drilling’s rigs are covered by the directive to suspend
operations. However, Pacific Drilling is proactively
inspecting the Vetco ExF H-4 LMRP connector bolts on each of its rigs as
operations allow. The company has the necessary spare bolts to address
any issues detected during inspection. Currently, all of the company’s
rigs are operating normally, and no direct revenue implications are
expected as a result of this directive.
About Pacific Drilling
With its best-in-class drillships and highly experienced team, Pacific
Drilling is a fast growing company that is committed to becoming the
industry’s preferred ultra-deepwater drilling contractor. Pacific
Drilling’s fleet of eight ultra-deepwater drillships will represent one
of the youngest and most technologically advanced fleets in the world.
The company currently operates four drillships under customer contract,
and has one drillship on order and three drillships under construction
at Samsung, two of which are under customer contract. For more
information about Pacific Drilling, including our current Fleet Status,
please visit our website at www.pacificdrilling.com.
Statements regarding expected downtime and other statements that are not
historical facts in this press release are forward-looking statements
and are subject to certain risks, uncertainties and assumptions and
consequently actual results may differ materially from those indicated
or implied by such forward-looking statements. Forward-looking
statements speak only as of the date they are made, and we undertake no
obligation to publicly update or revise any of them in light of new
information, future events or otherwise.
Source: Pacific Drilling S.A.