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Company Overview and News

49
SeaDrill Emerges From Bankruptcy, Shares Sink to 52-Week Low

2018-07-03 zacks
SeaDrill Limited (SDRL - Free Report) recently announced that it has successfully completed restructuring and emerged from the Chapter 11 bankruptcy process which was launched last year. Notably, post the announcement, shares of the offshore drilling rig contractor touched a 52-week low of 10 cents during the trading session on Jul 2. It should not come as a surprise that its shares have plunged more than 50%, since the company had already warned that post restructuring, investors will be receiving minimal recovery from their existing shares.
NBR.PRA SLB PGNPQ ABX HERO DTK NBR ORIG DO SDRL SCL SLB HEROQ ABX

3
ORIG / Ocean Rig UDW Inc. null (Current Report of Foreign Issuer)

2018-06-29 sec.gov
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
ORIG

3
Ocean Rig UDW Inc. Announces Agreement to Postpone Delivery of Newbuilding Drillship Ocean Rig Crete

2018-06-29 globenewswire
GRAND CAYMAN, Cayman Islands, June 29, 2018 (GLOBE NEWSWIRE) -- Ocean Rig UDW Inc. (NASDAQ:ORIG), (“Ocean Rig” or the “Company”), an international contractor of offshore deepwater drilling services, today announced that its subsidiary that is party to the shipbuilding contract for the construction of its 8th generation enhanced integrated design newbuilding drillship, the Ocean Rig Crete, reached an agreement with Samsung Heavy Industries (“SHI”) to postpone the delivery of the Ocean Rig Crete to September 2020.
ORIG

4
ORIG / Ocean Rig UDW Inc. null (Current Report of Foreign Issuer)

2018-06-25 sec.gov
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
ORIG

3
Ocean Rig UDW Inc Joins the Russell 3000® Index

2018-06-25 globenewswire
GRAND CAYMAN, Cayman Islands, June 25, 2018 (GLOBE NEWSWIRE) -- Ocean Rig UDW Inc. (NASDAQ:ORIG), (“Ocean Rig” or the “Company”), an international contractor of offshore deepwater drilling services, today announced that it has joined the broad-market Russell 3000® Index at the conclusion of the Russell US Indexes annual reconstitution, effective after the US market opened on June 25, 2018.
ORIG

3
Surprise! Ocean Rig Cancels Valiant Offering

2018-06-11 seekingalpha
At the end of May, I wrote that Ocean Rig’s (ORIG) subsidiary, Valiant Offshore, was raising equity. Ocean Rig’s idea was to use the current strength of the North Sea market to raise some money and reactivate a cold stacked harsh-environment semi-sub, Eirik Raude. The deal looked decent for Ocean Rig, which was set to get 57.8% of Valiant Offshore and $110 million of cash that would have been used for the reactivation of Eirik Raude.
ORIG

5
ORIG / Ocean Rig UDW Inc. null (Current Report of Foreign Issuer)

2018-06-11 sec.gov
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
ORIG

3
Ocean Rig UDW Inc. Announces Withdrawal of Offering of Common Shares by its Subsidiary

2018-06-08 globenewswire
GRAND CAYMAN, Cayman Islands, June 08, 2018 (GLOBE NEWSWIRE) -- Ocean Rig UDW Inc. (NASDAQ:ORIG), ("Ocean Rig" or the "Company"), an international contractor of offshore deepwater drilling services, today announced the withdrawal of the previously announced offering of common shares by its wholly-owned Marshall Islands subsidiary, Valiant Offshore Inc., ("Valiant"). Ocean Rig and Valiant made the final decision today after careful consideration of several factors, including the interests of the shareholders of both companies.
ORIG

11
ConocoPhillips & Ocean Rig to Drill Offshore Norway Well

2018-05-30 zacks
ConocoPhillips (COP - Free Report) entered into a Master Service Agreement (MSA) with Ocean Rig UDW Inc. The tenure of the MSA is expected to be three years with scope to get extended by a couple of years.
COP WRD OXY ORIG

3
ORIG / Ocean Rig UDW Inc. null (Current Report of Foreign Issuer)

2018-05-29 sec.gov
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
ORIG

3
Ocean Rig UDW Inc. Announces Offering of Common Shares by Its Subsidiary

2018-05-28 globenewswire
GRAND CAYMAN, Cayman Islands, May 28, 2018 (GLOBE NEWSWIRE) -- Ocean Rig UDW Inc. (NASDAQ:ORIG), (“Ocean Rig” or the “Company”), an international contractor of offshore deepwater drilling services, today announced the launch of an offering of common shares by its wholly-owned Marshall Islands subsidiary, Valiant Offshore Inc., (“Valiant”), which upon the completion of the offering will acquire the Leiv Eiriksson and the Eirik Raude, two fifth generation harsh environment semi-submersible rigs that are currently indirectly owned by the Company in exchange for 24,000,000 shares of Valiant (representing approximately 57.
ORIG

3
Ocean Rig UDW Inc. Announces Master Service Agreement and Drilling Program Order for the Leiv Eiriksson

2018-05-28 globenewswire
GRAND CAYMAN, Cayman Islands, May 28, 2018 (GLOBE NEWSWIRE) -- Ocean Rig UDW Inc. (NASDAQ:ORIG), (“Ocean Rig” or the “Company”), an international contractor of offshore deepwater drilling services, today announced that it has signed a Master Service Agreement with ConocoPhillips Skandinavia AS (the “MSA”) for a term of three years plus two optional years. As part of the MSA, both parties signed a Drilling Program Order (the “DPO”) for one firm well of about 90 days plus two options, for drilling offshore Norway.
ORIG

17
Transocean And The Floaters Business - Some Thoughts

2018-05-23 seekingalpha
Even though you may think otherwise, the offshore drilling industry is not doing exceptionally fantastic, though oil prices have been ultra-bullish recently.
NE NOBGF N21 NOBGY RIG ORIG

6
Ocean Rig UDW - Are We At The Bottom?

2018-05-18 seekingalpha
For the first quarter of 2018, the Company reported net income of $54.9 million, or $0.60 basic and diluted earnings per share.
TOT RIG ORIG

3
ORIG / Ocean Rig UDW Inc. null (Current Report of Foreign Issuer)

2018-05-17 sec.gov
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
ORIG

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Silicon Investor Message Boards

This table lists all message boards related to ORIG / Ocean Rig UDW Inc. on message board site Silicon Investor.

ONYI - Originally New York, Inc. (Bulls Board) Country of Origin - members
Original Sixteen to One Gold Mine (OAU) GIM - Geo Interactive - Originator of u0026#034;Emblazeu0026#034;
CUSIP: Y64354205