latest news releases from the newsroom
Pride International, Inc.
Pride International Expands Presence in Strategically Important Ultra-Deepwater Gulf of Mexico With Award of Five-Year Contract
HOUSTON, Jan. 29, 2008 (PRIME NEWSWIRE) -- Pride International, Inc. (NYSE:PDE) today announced that the company will expand its deepwater drilling operations and its geographic reach in deepwater drilling basins to the strategically important U.S. Gulf of Mexico following the award of a five-year contract from a subsidiary of BP. The contract award is for Pride's advanced capability, ultra-deepwater drillship that is scheduled for delivery during the first quarter of 2010 and is currently in the early stages of construction at the Samsung Heavy Industries Co. Ltd. (SHI) shipyard in Geoje, South Korea. The drillship is scheduled to be the first of three ultra-deepwater units to be added to the Pride International fleet beginning in 2010 and constructed at the SHI shipyard. Following the rig's arrival, the company will have a presence in the world's three established deepwater drilling regions -- Brazil, West Africa (Angola) and the U.S. Gulf of Mexico.
Lucas Energy, Inc. Retains Hayden Communications
HOUSTON, Jan. 29, 2008 (PRIME NEWSWIRE) -- Lucas Energy, Inc. (OTCBB:LUCE), a U.S. based independent oil and gas company, today announced that it has retained Hayden Communications, a New York based investor relations consulting firm to provide strategic investor relations services, effective January 25th.