Pacific Drilling Comments on Transocean Patent Infringement Claim
LUXEMBOURG--(BUSINESS WIRE)-- Pacific Drilling S.A.
"We have not conducted dual activity operations in the US Gulf of Mexico, as the challenges to the validity of the patents have not yet been finally adjudicated," commented CEO, Chris Beckett. "We are aware that Transocean has filed a lawsuit but we have not been served. We think this action is an attempt to pressure us into taking a license before the validity of the patents is finally adjudicated. We do not anticipate this claim will have an impact on our operations outside the US Gulf of Mexico."
Dual activity drilling is not to be confused with dual gradient drilling which is a Chevron (NYS: CVX) technology.
Pacific Drilling retained the Houston office of Winston & Strawn LLP to defend it against the claim.
Statements that are not historical facts in this press release are forward-looking statements and are subject to certain risks, uncertainties and assumptions and consequently actual results may differ materially from those indicated or implied by such forward-looking statements. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to publicly update or revise any of them in light of new information, future events or otherwise.
Pacific Drilling Services, Inc.
William Restrepo, +1 832-255-0486
KEYWORDS: United States North America Texas
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