Buffalo, NY 12/23/2009 9:54:16 PM
News / Business

Change for Ensco International is approved

Yesterday at a special shareholder meeting, it was announced that Ensco International will soon change the Company’s corporate structure, which is designed to enhance Ensco’s worldwide business operations. At this meeting an overwhelming majority of Ensco’s outstanding shares were voted in favour of the previously announced plan to change the Company’s corporate structure.

 

Chairman, President and Chief Executive Officer Dan Rabun stated, “We greatly appreciate the overwhelming endorsement of our stockholders to pursue the benefits of our plan which we expect will result in enhanced management oversight of our worldwide fleet, greater access to more of our customers and potential tax efficiencies.” Mr. Rabun added, “We expect a smooth transition and we will work vigorously to realize the anticipated benefits for our customers, employees and stockholders.”

 

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Ensco International brings energy to the world as a global provider of offshore drilling services to the petroleum industry. With a fleet of ultra-deepwater semisubmersible and premium jackup drilling rigs, Ensco serves customers with high-quality equipment, a well-trained workforce and a strong record of safety and reliability.

 

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