OCEAN RIG UDW INC. TO PRESENT AT THE 2013 CREDIT SUISSE ENERGY SUMMIT IN VAIL, COLORADO
1/31/2013 4:07 PM EST
January 31, 2013, Nicosia, Cyprus. Ocean Rig UDW Inc.
(NASDAQ: ORIG), or the Company, a global provider of
off-shore deepwater drilling services today announced
that Anthony Argyropoulos, the Capital Markets Special
Advisor to the Chief Executive Officer of Ocean Rig
UDW Inc. will be presenting at the 2013 Credit Suisse
Energy Summit in Vail, Colorado on Wednesday,
February 6, 2013 at 12:10 pm MST.
A PDF version of the slide presentation used at the
conference will be available in the Investor Relations
section on the Company's website at http://www.ocean-
rig.com/
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 ultra-deepwater and
harsh-environment segment of the offshore drilling
industry. The company owns and operates 10 offshore
ultra deepwater drilling units, comprising of 2 ultra
deepwater semisubmersible drilling rigs and 8 ultra
deepwater drillships, 3 of which remain to be
delivered to the company during 2013 and 1 during
2015.
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 Statement
Matters discussed in this release may constitute
forward-looking statements. 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.
The forward-looking statements in this release are
based upon various assumptions, may of which are
based, in turn, upon further assumptions, including
without limitation, management's examination of
historical operating trends, data contained in Ocean
Rig's records and other data available from third
parties. Although Ocean Rig believes that these
assumptions were reasonable when made, because these
assumptions are inherently subject to significant
uncertainties and contingencies which are difficult or
impossible to predict and are beyond Ocean Rig's
control, Ocean Rig cannot assure you that it will
achieve or accomplish these expectations, beliefs or
projections described in the forward-looking
statements contained herein. Actual and future results
and trends could differ materially from those set
forth in such statements.
Important factors that, in Ocean Rig's view, could
cause actual results to differ materially from those
discussed in the forward-looking statements include
(i) factors related to the offshore drilling market,
including supply and demand, utilization, day rates
and customer drilling programs; (ii);hazards inherent
in the drilling industry and marine operations causing
personal injury or loss of life, severe damage to or
destruction of property and equipment, pollution or
environmental damage, claims by third parties or
customers and suspension of operations; (iii) changes
in laws and governmental regulations, particularly
with respect to environmental matters; (iv) the
availability of competing offshore drilling vessels;
(v) political and other uncertainties, including risks
of terrorist acts, war and civil disturbances; piracy;
significant governmental influence over many aspects
of local economies, seizure; nationalization or
expropriation of property or equipment; repudiation,
nullification, modification or renegotiation of
contracts; limitations on insurance coverage, such as
war risk coverage, in certain areas; political unrest;
foreign and U.S. monetary policy and foreign currency
fluctuations and devaluations; the inability to
repatriate income or capital; complications associated
with repairing and replacing equipment in remote
locations; import-export quotas, wage and price
controls imposition of trade barriers; regulatory or
financial requirements to comply with foreign
bureaucratic actions; changing taxation policies; and
other forms of government regulation and economic
conditions that are beyond our control; (vi) the
performance of our rigs; (vii) our ability to procure
or have access to financing and comply with our loan
covenants; (viii) our ability to successfully employ
our drilling units; (ix) our capital expenditures,
including the timing and cost of completion of capital
projects; and (x) our revenues and expenses. Due to
such uncertainties and risks, investors are cautioned
not to place undue reliance upon such forward-looking
statements.
Risks and uncertainties are further described in
reports filed by Ocean Rig UDW Inc. with the U.S.
Securities and Exchange Commission.
Investor Relations / Media:
Nicolas Bornozis
Capital Link, Inc. (New York)
Tel. 212-661-7566
E-mail: