Drilling's

Christopher D. Strong, Union Drilling's President and Chief Executive Officer, stated, Third quarter results reflect the significant gains we've made over the past year.

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Union Drilling's average marketed rig utilization for the third quarter of 2011 was 59.4%, up from 53.1% in the third quarter of 2010 ("year-over-year"), and 54.4% in the second quarter of 2011 ("sequential").

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To listen to the live audio webcast, view Pioneer Drilling's slideshow and download the presentation materials, visit the Company's website at www.pioneerdrlg.com.

unknown title 2011

Union Drilling's 2011 third quarter results included a non-cash $0.02 per share, impairment charge related to six of the thirty-one rigs scheduled to be divested.

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Pacific Drilling's fleet of six ultra-deepwater drillships will represent one of the youngest and most technologically advanced fleets in the world.

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When Challenger Drilling's representative said it would have legal difficulties if it chose to contribute to the fund, the officials "were quick to offer possible mechanisms that would allow the companies to circumvent such problems," the cable said, citing a representative from Hess who later complained that "pressure had turned into coercion" at the meeting.

Reuters: Top News 2011

Precision Drilling's assets generate healthy returns when compared with its peers'.

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Factors that can affect future results are discussed in Pacific Drilling's filings with the Securities and Exchange Commission.

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When Challenger Drilling's representative said it would have legal difficulties if it chose to contribute to the fund, the officials "were quick to offer possible mechanisms that would allow the companies to circumvent such problems," the cable said, citing a representative from Hess who later complained that "pressure had turned into coercion" at the meeting.

Reuters: Top News 2011

Diamond Offshore Drilling's income has fallen year over year by an average of 13.2% over the past five quarters.

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