EX-99 2 exhibit99form8kfeb2008.htm EXHIBIT 99.1 EXHIBIT 99.1

ENSCO INTERNATIONAL INCORPORATED
Contract Status of Offshore Rig Fleet
As of February 15, 2008

Statements contained in the Contract Status of Offshore Rig Fleet Report, including information regarding the Company's estimated rig availability, contract duration or future day rates, customers or contract status (including letters of intent) are forward-looking statements. The forward-looking statements are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include references to estimated rig availability, future day rates, customers, contract duration or rig utilization. It is important to note that our actual results could differ materially from those projected in such forward-looking statements. The factors that could cause actual results to differ materially from those in the forward-looking statements include the following: (i) industry conditions and competition, including changes in rig supply and demand or new technology, (ii) cyclical nature of the industry, (iii) worldwide expenditures for oil and gas drilling, (iv) operational risks, including hazards created by severe storms and hurricanes, (v) risks associated with offshore rig operations or, rig relocations in general, and in foreign jurisdictions in particular, (vi) renegotiation, nullification, or breach of contracts or letters of intent with customers or other parties, (vii) changes in the dates our rigs undergoing shipyard construction work, repairs or enhancement will enter a shipyard, return to or enter service, (viii) risks inherent to domestic and foreign shipyard rig construction, rig repair or rig enhancement, (ix) unavailability of transport vessels to relocate rigs, (x) environmental or other liabilities, risks, or losses including hurricane related equipment damage, loss or wreckage or debris removal in the U.S. Gulf of Mexico, that may arise in the future which are not covered by insurance or indemnity in whole or in part, (xi) the impact of current and future laws and government regulation affecting the oil and gas industry in general including taxation, our operations in particular, as well as repeal or modification of same, (xii) political and economic uncertainty, (xiii) limited availability of economic insurance coverage for certain perils such as hurricanes in the Gulf of Mexico or removal of wreckage or debris, (xiv) self-imposed or regulatory limitations on jackup rig drilling locations in the Gulf of Mexico during hurricane season, (xv) our availability to attract and retain skilled or other personnel, (xvi) excess rig availability or supply resulting from delivery of new drilling units, (xvii) heavy concentration of our rig fleet in premium jackups, (xviii) terrorism or military action impacting our operations or financial performance, and (xix) other risks described from time to time as Risk Factors and otherwise in the Company's SEC filings. Copies of such SEC filings may be obtained at no charge by contacting our investor relations department at 214-397-3045 or by referring to the investor relations section of our website at http://www.enscous.com.
Information in the Reports is as of the date posted. The Company undertakes no duty to update the contents of the Contract Status of Offshore Rig Fleet Reports or any forward-looking statement contained therein to conform the statement to actual results or to reflect changes in the Company's expectations.
            Est. Avail/  
    Water          Contract  
Rig Name      Design      Depth    Customer/Status Day Rate    Location   Change                Comments                 
                               
Asia & Pacific Rim
Middle East/India
ENSCO 50  F&G L-780 Mod II-C  300  BG  Low 170's  India  Jan. 09  Plus cost adjustments and unpriced option 
ENSCO 53  F&G L-780 Mod II-C  300  BG  Mid 170's  India  Oct. 08  Plus cost adjustments and unpriced option 
ENSCO 54  F&G L-780 Mod II-C  300  Ras Gas  High 50's  Qatar  Aug. 08  Next to Wintershall to Oct. 08, mid 180's 
ENSCO 76  MLT Super 116-C  350  Saudi Aramco  Low 100's  Saudi Arabia  Sep. 08  Two 1-year options, mid 120's to high 130's 
ENSCO 84  MLT 82 SD-C  250  Maersk  High 160's  Qatar  Nov. 09  Plus cost adjustments 
ENSCO 88  MLT 82 SD-C  250  Ras Gas  Low 80's  Qatar  Jun. 09  Two 5-well options, mid 90's to low 110's 
ENSCO 94  Hitachi 250-C  250  Ras Gas  Low 60's  Qatar  Sep. 09  One 7-well option, mid 60's 
ENSCO 95  Hitachi 250-C  250  Saudi Aramco  Mid 70's  Saudi Arabia  Nov. 08  Two 1-year options, mid 80's to mid 90's 
ENSCO 96  Hitachi 250-C  250  Saudi Aramco  Low 80's  Saudi Arabia  Dec. 08  One 1-year option, mid 90's. Shipyard time moved to Mar. 08 for approximately 30 days 
ENSCO 97  MLT 82 SD-C  250  Saudi Aramco  Low 90's  Saudi Arabia  Oct. 08  Two 1-year options, low 100's to low 110's 

Southeast Asia/Australia
ENSCO 51  F&G L-780 Mod II-C  300  Pearl  High 180's  Thailand  Feb. 09  Plus cost adjustments. Assigned to GFI to Apr. 08  
ENSCO 52  F&G L-780 Mod II-C  300  Petronas Carigali  Low 160's  Malaysia  Nov. 10  Plus cost adjustments 
ENSCO 56  F&G L-780 Mod II-C  300  Shell  High 80's  New Zealand  May 08  Next survey/maintenance period for approximately 30 days, then expect to work for approximately two months, mid 140's, plus cost adjustments and unpriced options 
ENSCO 57  F&G L-780 Mod II-C  300  Petronas Carigali  Mid 160's  Malaysia  Dec. 09  Off rate for shipyard work during Mar. 08. Plus cost adjustments 
ENSCO 67  MLT 84-CE  400  ConocoPhillips  Low 200's  Indonesia  Dec. 08  Unpriced options for up to six wells 
ENSCO 104  KFELS MOD V-B  400  BP  Mid 220's  Indonesia  Jan. 09  Rate increases late Jul. 08 to mid 230's, and priced 1-year option, mid 250's plus cost adjustments 
ENSCO 106  KFELS MOD V-B  400  Apache  High 260's  Australia  Mar. 09  Plus cost adjustments. Rate reverts to base rate in Mar. 08, mid 260's and unpriced option 
ENSCO 107  KFELS MOD V-B  400  Origin  Low 190's  New Zealand  Jun. 08  Plus cost adjustments, and 3 one-well same-rate options. Next to OMV to Mar. 09, low 200's plus cost adjustments and unpriced options 
ENSCO 108  KFELS MOD V-B  400  BP  Mid 180's  Indonesia  Aug. 08  Rate increases in mid May 08 to mid 190's, options Aug. 08 to Nov. 08, mid 190's, then to Jun. 09, low 200's, and 1-year unpriced option 
          Note:  Highlighted/underlined rig names signify changes in rig status information from the previous month.

ENSCO INTERNATIONAL INCORPORATED
Contract Status of Offshore Rig Fleet
As of February 15, 2008

Statements contained in the Contract Status of Offshore Rig Fleet Report, including information regarding the Company's estimated rig availability, contract duration or future day rates, customers or contract status (including letters of intent) are forward-looking statements. The forward-looking statements are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include references to estimated rig availability, future day rates, customers, contract duration or rig utilization. It is important to note that our actual results could differ materially from those projected in such forward-looking statements. The factors that could cause actual results to differ materially from those in the forward-looking statements include the following: (i) industry conditions and competition, including changes in rig supply and demand or new technology, (ii) cyclical nature of the industry, (iii) worldwide expenditures for oil and gas drilling, (iv) operational risks, including hazards created by severe storms and hurricanes, (v) risks associated with offshore rig operations or, rig relocations in general, and in foreign jurisdictions in particular, (vi) renegotiation, nullification, or breach of contracts or letters of intent with customers or other parties, (vii) changes in the dates our rigs undergoing shipyard construction work, repairs or enhancement will enter a shipyard, return to or enter service, (viii) risks inherent to domestic and foreign shipyard rig construction, rig repair or rig enhancement, (ix) unavailability of transport vessels to relocate rigs, (x) environmental or other liabilities, risks, or losses including hurricane related equipment damage, loss or wreckage or debris removal in the U.S. Gulf of Mexico, that may arise in the future which are not covered by insurance or indemnity in whole or in part, (xi) the impact of current and future laws and government regulation affecting the oil and gas industry in general including taxation, our operations in particular, as well as repeal or modification of same, (xii) political and economic uncertainty, (xiii) limited availability of economic insurance coverage for certain perils such as hurricanes in the Gulf of Mexico or removal of wreckage or debris, (xiv) self-imposed or regulatory limitations on jackup rig drilling locations in the Gulf of Mexico during hurricane season, (xv) our availability to attract and retain skilled or other personnel, (xvi) excess rig availability or supply resulting from delivery of new drilling units, (xvii) heavy concentration of our rig fleet in premium jackups, (xviii) terrorism or military action impacting our operations or financial performance, and (xix) other risks described from time to time as Risk Factors and otherwise in the Company's SEC filings. Copies of such SEC filings may be obtained at no charge by contacting our investor relations department at 214-397-3045 or by referring to the investor relations section of our website at http://www.enscous.com.
Information in the Reports is as of the date posted. The Company undertakes no duty to update the contents of the Contract Status of Offshore Rig Fleet Reports or any forward-looking statement contained therein to conform the statement to actual results or to reflect changes in the Company's expectations.
            Est. Avail/  
    Water          Contract  
Rig Name      Design      Depth    Customer/Status Day Rate    Location   Change                Comments                 
                               
Southeast Asia/Australia
ENSCO I  Barge Rig     Bontang  High 60's  Indonesia  Feb. 08  Then expect to work to May 08, high 60's 

Europe & Africa
North Sea
ENSCO 70  Hitachi K1032N  250  DONG  Low 200's  DK  Jun. 08  Market rate and well to well unpriced options 
ENSCO 71  Hitachi K1032N  225  Maersk  Low 100's  DK  Aug. 08    
ENSCO 72  Hitachi K1025N  225  Total  Low 200's  NL  Dec. 08  Plus cost adjustments and unpriced option 
ENSCO 80  MLT 116-CE  225  AGR Peak  (Comments)  UK  Feb. 08  Mid 250's while drilling, mid 190's if testing, plus cost adjustments. Working as replacement for late arrival of E100. Next to ADTI to Mar. 08, mid 190's, plus cost adjustments. Then to ConocoPhillips to Aug. 08, low 200's, and same price well to well options through 2008 
ENSCO 92  MLT 116-C  225  BP  Low 210's  UK  Jul. 08  Plus cost adjustments. Assigned to BG to Jun. 08. Next expect to work to Sep. 08, mid 210's plus cost adjustments 
ENSCO 100  MLT 150-88-C  350  AGR Peak  Mid 250's  UK  Oct. 08  Plus cost adjustments, and unpriced option 
ENSCO 101  KFELS MOD V-A  400  Maersk  Low 270's  UK / DK  Nov. 08  Same price option. Then to Gaz de France to May 09, high 270's plus cost adjustments for one well or 150 days, then market rate plus unpriced options  
ENSCO 102  KFELS MOD V-A  400  ConocoPhillips  Mid 280's   UK  Dec. 11  Plus cost adjustments. Rates to be mutually agreed on an annual basis. 
Africa                      
ENSCO 85  MLT 116-C  300  PA Resources  Low 200's  Tunisia  Oct. 08  Unpriced option 
ENSCO 105  KFELS MOD V-B  400  BG  Low 200's  Tunisia  May 09  Plus cost adjustments, and unpriced options 

North & South America
Gulf of Mexico
Jackups
ENSCO 60  Levingston 111-C  300  LLOG  Low 60's  Gulf of Mexico  Mar. 08    
ENSCO 68  MLT 84-CE  400  W & T  Low 100's  Gulf of Mexico  Apr. 08    
ENSCO 74  MLT Super 116-C  400  Apache  Mid 120's  Gulf of Mexico  Mar. 08  Rate increases late Feb. 08 to low 150's 
ENSCO 75  MLT Super 116-C  400  McMoRan  Low 150's  Gulf of Mexico  May 08    
ENSCO 82  MLT 116-C  300  Energy XXI  High 80's  Gulf of Mexico  Apr. 08    
ENSCO 83  MLT 82 SD-C  250  ATP  Mid 60's  Gulf of Mexico  Feb. 08    
ENSCO 86  MLT 82 SD-C  250  W & T  Mid 60's  Gulf of Mexico  Mar. 08  Next to Hunt Oil to Jun. 08, low 80's. Then to ExxonMobil to Jan. 09, indexed rate 
ENSCO 87  MLT 116-C  350  Merit  Mid 80's  Gulf of Mexico  Feb. 08  Next to Stone to Apr. 08, mid 110's 
ENSCO 89  MLT 82 SD-C  250  Chevron  Mid 60's  Gulf of Mexico  Jun. 08  Rates to be mutually agreed every 2 months starting Mar. 08 
          Note:  Highlighted/underlined rig names signify changes in rig status information from the previous month.

ENSCO INTERNATIONAL INCORPORATED
Contract Status of Offshore Rig Fleet
As of February 15, 2008

Statements contained in the Contract Status of Offshore Rig Fleet Report, including information regarding the Company's estimated rig availability, contract duration or future day rates, customers or contract status (including letters of intent) are forward-looking statements. The forward-looking statements are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include references to estimated rig availability, future day rates, customers, contract duration or rig utilization. It is important to note that our actual results could differ materially from those projected in such forward-looking statements. The factors that could cause actual results to differ materially from those in the forward-looking statements include the following: (i) industry conditions and competition, including changes in rig supply and demand or new technology, (ii) cyclical nature of the industry, (iii) worldwide expenditures for oil and gas drilling, (iv) operational risks, including hazards created by severe storms and hurricanes, (v) risks associated with offshore rig operations or, rig relocations in general, and in foreign jurisdictions in particular, (vi) renegotiation, nullification, or breach of contracts or letters of intent with customers or other parties, (vii) changes in the dates our rigs undergoing shipyard construction work, repairs or enhancement will enter a shipyard, return to or enter service, (viii) risks inherent to domestic and foreign shipyard rig construction, rig repair or rig enhancement, (ix) unavailability of transport vessels to relocate rigs, (x) environmental or other liabilities, risks, or losses including hurricane related equipment damage, loss or wreckage or debris removal in the U.S. Gulf of Mexico, that may arise in the future which are not covered by insurance or indemnity in whole or in part, (xi) the impact of current and future laws and government regulation affecting the oil and gas industry in general including taxation, our operations in particular, as well as repeal or modification of same, (xii) political and economic uncertainty, (xiii) limited availability of economic insurance coverage for certain perils such as hurricanes in the Gulf of Mexico or removal of wreckage or debris, (xiv) self-imposed or regulatory limitations on jackup rig drilling locations in the Gulf of Mexico during hurricane season, (xv) our availability to attract and retain skilled or other personnel, (xvi) excess rig availability or supply resulting from delivery of new drilling units, (xvii) heavy concentration of our rig fleet in premium jackups, (xviii) terrorism or military action impacting our operations or financial performance, and (xix) other risks described from time to time as Risk Factors and otherwise in the Company's SEC filings. Copies of such SEC filings may be obtained at no charge by contacting our investor relations department at 214-397-3045 or by referring to the investor relations section of our website at http://www.enscous.com.
Information in the Reports is as of the date posted. The Company undertakes no duty to update the contents of the Contract Status of Offshore Rig Fleet Reports or any forward-looking statement contained therein to conform the statement to actual results or to reflect changes in the Company's expectations.
            Est. Avail/  
    Water          Contract  
Rig Name      Design      Depth    Customer/Status Day Rate    Location   Change                Comments                 
                               
Gulf of Mexico
Jackups
ENSCO 90  MLT 82 SD-C  250  Apache  Low 70's  Gulf of Mexico  Apr. 08    
ENSCO 93  MLT 82 SD-C  250  Shipyard     Gulf of Mexico  Feb. 08    
ENSCO 98  MLT 82 SD-C  250  Leed  Low 70's  Gulf of Mexico  Apr. 08  Three 1-well unpriced options 
ENSCO 99  MLT 82 SD-C  250  Bois d' Arc  Mid 60's  Gulf of Mexico  Feb. 08    

Semisubmersibles		                      
ENSCO 7500  Dynamically Positioned  8000  Chevron  High 190's  Gulf of Mexico  Feb. 10  Rate increases mid Feb. 08 to mid 360's and mid Feb. 09 to low 390's plus cost adjustments, and 1-year unpriced option 
ENSCO 8500  Dynamically Positioned  8500  Under construction     Singapore  3Q 08  Contracted in Gulf of Mexico to Anadarko and Eni commencing mid 4Q 08 to 4Q 12, mid 260's plus cost adjustments & lump sum payment of $20 million, and four 1-year same-rate options 
ENSCO 8501  Dynamically Positioned  8500  Under construction     Singapore  1Q 09  Contracted in Gulf of Mexico to Nexen and Noble Energy commencing 2Q 09 to 4Q 12, mid 340's plus cost adjustments, and unpriced options 
ENSCO 8502  Dynamically Positioned  8500  Under construction     Singapore  4Q 09  Contracted in Gulf of Mexico to Nexen commencing 2Q 10 to 2Q 12, mid 450's, plus cost adjustments. Contract can change to 3 or 4 year term at operator's election wherein the day rate would adjust to slightly lower rates 
ENSCO 8503  Dynamically Positioned  8500  Under construction     Singapore  3Q 10    
Mexico
ENSCO 81  MLT 116-C  350  Pemex  Mid 160's  Mexico  Jun. 10  Indexed to global rates after Dec. 08 

Venezuela
ENSCO 69  MLT 84-S  400  PDVSA  Mid 70's  Venezuela  May 08  Four 1-well options, low 70's plus cost adjustments  


          Note:  Highlighted/underlined rig names signify changes in rig status information from the previous month.