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Home > Company Index > Energy > Oil & Gas Services > Marine Drilling Companies, Inc.

Marine Drilling Companies, Inc.
NYSE: MRL
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 NEWS FROM THE WIRES
Demand for rigs softens in U.S. Gulf of Mexico
Aug 20 2001 01:34 PM PDT

Eurostocks brace for barrage of tech earnings
Jul 13 2001 11:41 AM PDT

One missing after Gulf of Mexico rig explosion
Jul 13 2001 07:00 AM PDT

More WIRE STORIES about this company

 PROFILE
Marine Drilling Companies' jack-up drilling rigs pierce the deep blue looking for black gold. The offshore oil and gas drilling contractor, which has agreed to merge with rival Pride International, operates five independent leg jack-ups (plus another configured as an accommodation unit), 10 mat-supported jack-ups, and two semisubmersibles. Marine Drilling is active primarily in the Gulf of Mexico but also drills in the North Sea and offshore Australia, Southeast Asia, and the Middle East. In response to an increase in deepwater drilling, Marine Drilling's two semisubmersibles, designed to operate at depths between 5,000 feet and 7,500 feet, are under contract in the Gulf of Mexico and offshore western Australia.

 COMPETITION
Diamond Offshore Drilling, Inc. (DO)
Global Marine Inc. (GLM)
Transocean Sedco Forex Inc. (RIG)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 264.00
1-Yr. Sales Growth: 128.8%
Employees: 1,118
Revenue per employee: $236,135.96

 KEY PEOPLE
• Jan Rask
    CEO
• T. Scott O'Keefe
    CFO

 CONTACT INFO
One Sugar Creek Center Blvd., Ste. 600
Sugar Land, TX 77478
US
Phone: 281-243-3000
Fax: 281-243-3090
Online: Web Site

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