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ENSCO Announces Sale of Venezuela Barge Rig Fleet

    DALLAS, June 30 /PRNewswire-FirstCall/ -- ENSCO International Incorporated
(NYSE: ESV) announced that wholly-owned subsidiaries of the Company have
finalized the closing of the previously reported transaction involving the
sale of assets in Venezuela.  The transaction included the sale of six (6)
Lake Maracaibo barge drilling rigs and related assets to Maersk Contractors
Venezuela, S.A. a subsidiary of A.P. Moller-Maersk A/S, for cash consideration
of $59.6 million.  ENSCO expects to recognize a minimal after-tax gain on the
sale during the second quarter.
    ENSCO, headquartered in Dallas, Texas, owns and operates a modern fleet of
offshore drilling rigs servicing the petroleum industry on a global basis.


SOURCE ENSCO International Incorporated




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Related links:
  • http://www.enscous.com
    CONTACT:
    Richard LeBlanc of ENSCO International
    Incorporated, +1-214-397-3011