Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: iandiareii who wrote (23788)	6/11/1998 12:48:00 AM
From: iandiareii	Read Replies (1) of 95453

Noble Drilling Reports Rig Incident Wednesday June 10, 10:02 pm Eastern Time HOUSTON, June 10 /PRNewswire/ -- Noble Drilling Corporation (NYSE: NE - news) reported that its subsidiary's dynamically positioned drillship, the Noble Leo Segerius, currently located offshore Brazil and contracted to Petroleo Brasiliero S.A. (Petrobras), has sustained damage, temporarily halting drilling operations. One employee of the company received burn injuries and is being treated at a medical facility in Rio de Janeiro. The damage resulted from the rupture of a high pressure line. Based on a preliminary survey and assessment of the damage, the company currently estimates the downtime for the unit at approximately 60 to 75 days, depending on the delivery of equipment. Both the personal injury and the property damage to the unit are hazards inherent in the drilling business for which the company maintains insurance, subject to applicable deductible amounts. biz.yahoo.com

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