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News Breaks
August 5, 2014
16:26 EDTORIGOcean Rig UDW reports Q2 EPS 53c, consensus 40c
Reports Q2 revenue $441.4M, consensus $418.11M. The company said, "During the second quarter, and as previously announced, we signed final documentation with Total for the 6 year contract for the Ocean Rig Skyros securing employment for the drillship until the third quarter of 2021. In addition we signed a minimum 6 well program with Premier Oil for drilling offshore the Falkland Islands for the Eirik Raude. With the addition of this contract we are in a very comfortable position with 100% and 72% of our calendar days under contract in 2014 and 2015 respectively."
News For ORIG From The Last 14 Days
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May 18, 2015
09:04 EDTORIGDryShips announces contract extension, new contract for Ocean Rig Olympia
DryShips (DRYS), through its majority owned subsidiary, Ocean Rig UDW (ORIG) of off-shore deepwater drilling services, announced that in connection with the previously announced Omnibus Agreement with ENI Angola S.p.A, all closing conditions including approvals by national authorities and signing of definitive documentation have been satisfied. As a result Ocean Rig has extended the contract for the drillship Ocean Rig Poseidon for a further one year until 2Q17 with total contract backlog now standing at about $367M. In addition, Ocean Rig has entered into a new contract for the drillship Ocean Rig Olympia to drill offshore Angola commencing in Q3 for a minimum of 8 months with a total contract backlog of about $91M.
May 15, 2015
09:41 EDTORIGOcean Rig UDW initiated with a Buy at Standpoint Research
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May 13, 2015
10:07 EDTORIGHigh option volume stocks
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