HOUSTON, May 31, 2007 (PRIME NEWSWIRE) -- Pride International, Inc. (NYSE:PDE) today announced that its report of drilling rig status and contract information covering the company's 58 mobile offshore drilling rigs and 5 drilling management projects, along with a summary status of its Latin American land fleet, has been updated as of May 31, 2007. The updated report, titled "Monthly Fleet Update," is available through the company's worldwide web address at www.prideinternational.com and can be accessed at the Investor Relations link.
Pride International, Inc., headquartered in Houston, Texas, is one of the world's largest drilling contractors. The company provides onshore and offshore drilling and related services in more than 25 countries, operating a diverse fleet of 278 rigs, including two ultra-deepwater drillships, 12 semisubmersible rigs, 28 jackups, 16 tender-assisted, barge and platform rigs, 5 managed deepwater drilling units, and 215 land rigs.
The Pride International, Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3388
Statements regarding the estimated duration of client contracts, contract day rate amounts, future contract commencement dates and locations, planned shipyard projects, other out of service time, as well as any other statements that are not historical facts in the report are forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. These forward-looking statements are subject to certain risks, uncertainties and assumptions identified above or as disclosed from time to time in the Company's filings with the Securities and Exchange Commission. As a result of these factors, actual results may differ materially from those indicated or implied by such forward-looking statements.