Petroleum Africa
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Tuesday, November 27, 2007
GlobalSantaFe Corporation announced that it received a subpoena from the U.S. Securities and Exchange Commission (SEC) today seeking documents related to the company’s ongoing internal investigation.
The SEC advised GlobalSantaFe that it has issued a formal order of investigation in connection with the matter. The company’s cooperation with the SEC and the U.S. Department of Justice is ongoing.
About GlobalSantaFe
GlobalSantaFe is one of the largest offshore oil and gas drilling contractors and the leading provider of drilling management services worldwide. The company owns or operates a contract drilling fleet of 37 premium jackup rigs; six heavy-duty, harsh environment jackups; 11 semisubmersibles and three dynamically positioned, ultra-deepwater drillships, as well as two semisubmersibles owned by third parties and operated under a joint venture agreement. In addition, it is scheduled to take delivery of a new ultra-deepwater semisubmersible in 2009 and a new ultra-deepwater drillship in 2010. For more information about GlobalSantaFe, go to http://www.globalsantafe.com.
Contact Information
Investors: Media:
Richard Hoffman Jeff Awalt
281-925-6441 281-925-6448
Source: GlobalSantaFe Corporation
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