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Corporate Profile for Marine Drilling Companies Inc., dated July 20, 2001.


Business Editors

--(BUSINESS WIRE)

The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services.


Published Date:   July 20, 2001

Company Name:     Marine Drilling Companies Inc.

Address:          One Sugar Creek Ctr. Blvd., Suite 600
                  Sugar Land, TX 77478

Main Telephone
 Number:          281/243-3000

Internet Home
 Page Address
  (URL)           www.mardril.com

Chief Executive
 Officer:         Jan Rask

Chief Financial
 Officer:         T. Scott O'Keefe

Investor Relations
 Contact:         Kathleen Moran
 Business number: 281/243-3039
 E-mail address:  kmoran@mardril.com

Public Relations
 Contact:         Kathleen Moran
 Business number: 281/243-3039
 E-mail address:  kmoran@mardril.com

Industry:         Oil Services

Trading Symbol/
 Exchange:        NSYE:MRL

Market Makers:    Spear Leads


Company description: Marine Drilling Companies Inc. is a leading provider of offshore drilling Offshore drilling typically refers to the act of extracting resources, primarily oil, in an ocean or lake. Controversy
As with all oil drilling, there has been a certain level of controversy surrounding the issue.
 services worldwide to major and independent oil and gas companies. Marine Drilling owns and operates 16 jack-up rigs and two semi-submersibles, located in the Gulf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico
Golfo de Mexico

Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east
, Southeast Asia Southeast Asia, region of Asia (1990 est. pop. 442,500,000), c.1,740,000 sq mi (4,506,600 sq km), bounded roughly by the Indian subcontinent on the west, China on the north, and the Pacific Ocean on the east. , and the North Sea, as well as offshore Western Australia Western Australia, state (1991 pop. 1,409,965), 975,920 sq mi (2,527,633 sq km), Australia, comprising the entire western part of the continent. It is bounded on the N, W, and S by the Indian Ocean. Perth is the capital. . It is the fourth largest operator of jack-ups in the Gulf and third largest operator of mat-supported jack-up in the world.

Based in Sugar Land, Texas, Marine Drilling employs approximately 1,100 people, 90% of whom are involved in rig operations. Our common stock is listed on the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 under the symbol MRL MRL Medical Record Librarian; now called Medical Record Administrator.

MRL

maximum residue limit.
.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 20, 2001
Words:238
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