Ocean Rig UDW Inc. Announces Third Quarter 2018 Results Release Date
09 Noviembre 2018 - 3:05PM
Ocean Rig UDW Inc. (NASDAQ:ORIG) (“Ocean Rig” or “UDW” or the
“Company”), an international contractor of offshore deepwater
drilling services, announced today that it will release its results
for the third quarter 2018 after the market closes in New York on
Tuesday, November 13, 2018.
About Ocean Rig UDW Inc.
Ocean Rig is an international offshore drilling
contractor providing oilfield services for offshore oil and gas
exploration, development and production drilling, and specializing
in the ultradeepwater and harsh-environment segment of the offshore
drilling industry.
Ocean Rig’s common stock is listed on the NASDAQ
Global Select Market where it trades under the symbol “ORIG”.
Visit the Company’s website at
www.ocean-rig.com.
Forward-Looking Statements
Matters discussed in this release may constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. The Private Securities
Litigation Reform Act of 1995 provides safe harbor protections for
forward-looking statements in order to encourage companies to
provide prospective information about their business. The Company
desires to take advantage of the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995 and is including
this cautionary statement in connection with such safe harbor
legislation.
Forward-looking statements relate to Ocean Rig’s
expectations, beliefs, intentions or strategies regarding the
future. These statements may be identified by the use of words like
“anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,”
“plan,” “project,” “should,” “seek,” and similar expressions.
Forward-looking statements reflect Ocean Rig’s current views and
assumptions with respect to future events and are subject to risks
and uncertainties.
Forward-looking statements are based on
management's current expectations and assumptions, and are subject
to inherent uncertainties, risks and changes in circumstances that
are difficult to predict. As a result, actual results could differ
materially from those indicated in these forward-looking
statements. Factors that could cause actual results to differ
materially include, but are not limited to, estimated duration of
customer contracts; contract dayrate amounts; future contract
commencement dates and locations; planned shipyard projects and
other out-of-service time; sales of drilling units; timing of the
Transocean newbuild deliveries; operating hazards and delays; risks
associated with international operations; actions by customers and
other third parties; the future prices of oil and gas; the
intention to scrap certain drilling rigs; the inability by
Transocean to complete the acquisition of Ocean Rig in a timely
manner or at all (whether as the result of the inability to obtain
or delay in obtaining any required Transocean or Ocean Rig
shareholder approvals or any required regulatory approvals, or for
any other reason); the imposition of any terms and conditions on
any required governmental and regulatory approvals that could
reduce the anticipated benefits to Transocean of the acquisition;
the occurrence of any event, change or other circumstances that
could give rise to the termination of the acquisition; the
inability to successfully integrate Ocean Rig's operations with
those of Transocean without unexpected cost or delay, the
challenges of integrating and retaining key employees; risks
related to diversion of management time and attention from ongoing
business operations due to the acquisition; the inability of
Transocean to achieve expected synergies from the acquisition or
that it may take longer or be more costly than expected to achieve
those synergies; the effect of the announcement or completion of
the acquisition on the ability of Transocean and Ocean Rig to
retain customers, retain or hire key personnel, maintain
relationships with their respective suppliers and customers, and on
their operating results and businesses generally, the inability to
achieve anticipated synergies from the merger in a timely manner or
at all; and other factors, including those and other risks
discussed in the Transocean's most recent Annual Report on Form
10-K for the year ended December 31, 2017, Ocean Rig's most recent
Annual Report on Form 20-F, the Registration Statement on Form S-4
of Transocean Ltd., with an effective date of October 16, 2018
relating to the proposed Merger with Transocean Ltd.. and in
Transocean's or Ocean Rig's other filings with the U.S. Securities
and Exchange Commission ("SEC"), which are available free of charge
on the SEC's website at: www.sec.gov. Should one or more of these
risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary materially
from those indicated. You should not place undue reliance on
forward-looking statements. Each forward-looking statement speaks
only as of the date of the particular statement, and we undertake
no obligation to publicly update or revise any forward-looking
statements to reflect events or circumstances that occur, or which
we become aware of, after the date hereof, except as otherwise may
be required by law.
Contact:Investor
Relations / Media:Nicolas BornozisCapital Link, Inc. (New
York) Tel. 212-661-7566E-mail: oceanrig@capitallink.com
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