HOUSTON, Feb. 27, 2008 (PRIME NEWSWIRE) -- 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, its five drilling
management projects, along with a summary status of its Eastern Hemisphere-based
land fleet, has been updated as of Feb. 27, 2008. The updated report, titled
"Monthly Fleet Update," is available through the company's worldwide web address
at www.prideinternational.com and can be accessed at the Investor Relations
link.
Pride International, Inc., headquartered in Houston, Texas, is one of the
world's largest offshore drilling contractors, operating a fleet of 64 rigs,
including two deepwater drillships, 12 semisubmersible rigs, 28 jackups, 10
platform rigs, five managed deepwater rigs and seven Eastern Hemisphere-based
land rigs. The company also has three ultra-deepwater drillships under
construction with expected deliveries in 2010 and 2011.
The Pride International, Inc. logo is available at
http://www.primenewswire.com/newsroom/prs/?pkgid=3388
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 delivery 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.
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CONTACT: Pride International, Inc.
Analyst & Media Contact:
Jeffrey L. Chastain
(713) 917-2020
