8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

DATE OF REPORT (Date of earliest event reported): July 18, 2016

Ensco plc

(Exact name of registrant as specified in its charter)

England and Wales	1-8097	98-0635229
(State or other jurisdictionof incorporation)	(CommissionFile Number)	(I.R.S. EmployerIdentification No.)

6 Chesterfield Gardens

London, England W1J 5BQ

(Address of Principal Executive Offices and Zip Code)

Registrant’s telephone number, including area code: 44 (0) 20 7659 4660

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

TABLE OF CONTENTS

INFORMATION TO BE INCLUDED IN THE REPORT	3
Item 7.01 Regulation FD Disclosure	3
Item 9.01 Financial Statements and Exhibits	3
SIGNATURE	4
EXHIBIT INDEX	5
Fleet Status Report as of July 18, 2016

2

Item 7.01 Regulation FD Disclosure

Fleet Status Report

The Fleet Status Report of the Company as of July 18, 2016 is furnished as Exhibit 99.1 to this report.

The information furnished in this Item 7.01 and the information attached to this Form 8-K as Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit No. Description

99.1 Fleet Status Report of Ensco plc as of July 18, 2016.

3

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Ensco plc
Date: July 18, 2016	/s/ TOMMY E. DARBY
	Tommy E. Darby
	Controller

4

EXHIBIT INDEX

Exhibit No.	Description
99.1	Fleet Status Report of Ensco plc as of July 18, 2016.

5

EX-99.1

Exhibit 99.1

Ensco plc
Fleet Status Report
18 July 2016

Monthly Changes: bolded rig names and underlined text signify changes in rig status from previous report.

Segment / Region / Rig	Design	Water Depth'(1)	Customer/ Status	Day Rate $000′s US	Location	Est. Avail(2)	Comments
Floaters
North & South America
ENSCO DS-3	Drillship, DP3 Samsung	10000/12000	Available	-----	U.S. Gulf of Mexico	-----	-----
ENSCO 8500	Semisubmersible DP	8500/10000	Preservation Stacked*		U.S. Gulf of Mexico
ENSCO 8501	Semisubmersible DP	8500/10000	Preservation Stacked*		U.S. Gulf of Mexico
ENSCO 8502	Semisubmersible DP	8500/10000	Preservation Stacked*		U.S. Gulf of Mexico
ENSCO 8503	Semisubmersible DP	8500/10000	Available	-----	U.S. Gulf of Mexico	-----	Sublet to Chevron by Stone Energy May 16 to Jun. 16, low 250s.Rate decreased to low 170s Jun. 16 to early Jul. 16.As previously disclosed, Ensco reached an agreement with Stone Energy to settle the customer’s remaining obligations under the ENSCO 8503 drilling services contract, subject to certain conditions.Please refer to Form 8-K filed with SEC on June 29, 2016 for additional details
ENSCO 8505	Semisubmersible DP	8500/10000	Marubeni	Low 150s	U.S. Gulf of Mexico	Aug. 16	Customer has exercised right to early terminate the contract effective Aug. 16.-----
ENSCO 8506	Semisubmersible DP	8500/10000	Available/Contracted		U.S. Gulf of Mexico		Contracted to Deep Gulf Energy Sep. 16 to mid Jan. 17, rate undisclosed
ENSCO 6001	Semisubmersible - DP Megathyst	5600	Petrobras	High 270s	Brazil	Jun. 18	Plus approx. $20,000 per day amortized through Jun. 18 for capital upgrades. Plus cost adjustments
ENSCO 6002	Semisubmersible - DP Megathyst	5600	Petrobras	Mid 240s	Brazil	Dec. 19	Plus approx. $17,000 per day amortized through Dec. 19 for capital upgrades. Plus cost adjustments
ENSCO 6003	Semisubmersible - DP Megathyst	5600	Sold				Sold for scrap value.Sale price in line with net book value of rig
ENSCO 6004	Semisubmersible - DP Megathyst	5600	Sold				Sold for scrap value.Sale price in line with net book value of rig

*Prior to stacking, upfront steps are taken to preserve the rig. This may include a quayside power source to dehumidify key equipment and/or provide electrical current to the hull to prevent corrosion. Also, certain equipment may be removed from the rig for storage in a temperature-controlled environment. While stacked, large equipment that remains on the rig is periodically inspected and maintained by Ensco personnel. These steps are designed to reduce time and lower cost to reactivate the rig when market conditions improve.

Page 1 of 10

Ensco plc
Fleet Status Report
18 July 2016

Monthly Changes: bolded rig names and underlined text signify changes in rig status from previous report.

Segment / Region / Rig	Design	Water Depth'(1)	Customer/ Status	Day Rate $000′s US	Location	Est. Avail(2)	Comments
Floaters
Europe & Mediterranean
ENSCO DS-6	Drillship, DP3 Samsung	10000/12000	BP/ Contract Preparations	Low 360s	Egypt	Feb. 18	-----.-----.Rig on standby rate of low 360s from mid May 16 to mid Aug. 16 during contract preparations. Then mid 480s operating rate mid Aug. 16 to Feb. 18. Plus approx. $102,000 per day amortized through Feb. 18. Plus two 1-year options at mutually agreed rates
ENSCO DS-4	Drillship, DP3 Samsung	10000/12000	Preservation Stacked*		Spain
ENSCO DS-5	Drillship, DP3 Samsung	10000/12000	Preservation Stacked*		Spain
ENSCO 5004	Semisubmersible - Conv F & G Enhanced Pacesetter	1500	Mellitah	Mid 130s	Mediterranean	Jul. 18	Rate increases to mid 190s Jan. 17 to Jul. 18. Plus approx. $9,000 per day for mobilization and reimbursable upgrades amortized through Jul. 18
ENSCO DS-1	Drillship - DP Gusto 10,000	6000/10000	Sold				Sold for scrap value.Sale price in line with net book value of rig
Africa
ENSCO DS-7	Drillship, DP3 Samsung	10000/12000	TOTAL	Mid 580s	Angola	Nov. 17	Plus periodic rate increases and approx. $19,000 per day amortized through Nov. 17 for mobilization and capital upgrades. Plus one 1-year priced option
ENSCO DS-8	Drillship, DP3 Samsung GF12000	10000/12000	TOTAL	High 610s	Angola	Nov. 20	Plus periodic rate increases and approx. $14,000 per day amortized through Nov. 20 for mobilization. Plus one 1-year priced option

*Prior to stacking, upfront steps are taken to preserve the rig. This may include a quayside power source to dehumidify key equipment and/or provide electrical current to the hull to prevent corrosion. Also, certain equipment may be removed from the rig for storage in a temperature-controlled environment. While stacked, large equipment that remains on the rig is periodically inspected and maintained by Ensco personnel. These steps are designed to reduce time and lower cost to reactivate the rig when market conditions improve.

Page 2 of 10

Ensco plc
Fleet Status Report
18 July 2016

Monthly Changes: bolded rig names and underlined text signify changes in rig status from previous report.

Segment / Region / Rig	Design	Water Depth'(1)	Customer/ Status	Day Rate $000′s US	Location	Est. Avail(2)	Comments
Floaters
Asia & Pacific Rim
ENSCO 8504	Semisubmersible DP	8500/10000	Chevron	Low 270s	Indonesia	Oct. 16	Plus approx. $91,000 per day amortized Mar. 16 to Jun. 16 for mobilization. Then contracted to Kangean in Indonesia Aug. 16 to late Oct. 16, mid 260s
ENSCO 5006	Semisubmersible - Conv Bingo 8,000	7000/7500	INPEX	Mid 350s	Australia	Sep. 19	Term extended by approx. 15 months with rate decreasing to mid 350s Jul. 16 to Sep. 19. Plus approx. $125,000 per day amortized through Aug. 19 for capital upgrades and day rates during shipyard stay and mobilizations
ENSCO 5005	Semisubmersible - Conv F & G Enhanced Pacesetter	1500/1700	Preservation Stacked*		Singapore
ENSCO DS-9	Drillship, DP3 Samsung GF12000	10000/12000	Available	See comments	Singapore		Under the terms of an agreement signed in May 2016, the customer made a lump sum payment in settlement and release of its ongoing early termination obligations.This amount covers the period from May 2016 through the originally contracted expiration date of 15 July 2017.In connection with this agreement, Ensco expects to recognize revenue of $185 million in second quarter 2016
Under Construction
ENSCO DS-10	Drillship, DP3 Samsung GF12000	10000/12000	Under construction		South Korea	1Q17

*Prior to stacking, upfront steps are taken to preserve the rig. This may include a quayside power source to dehumidify key equipment and/or provide electrical current to the hull to prevent corrosion. Also, certain equipment may be removed from the rig for storage in a temperature-controlled environment. While stacked, large equipment that remains on the rig is periodically inspected and maintained by Ensco personnel. These steps are designed to reduce time and lower cost to reactivate the rig when market conditions improve.

⁽¹⁾ For rigs that may be modified to drill in deeper water depths, both the currently outfitted and maximum upgrade capabilities are shown.

⁽²⁾ Estimated available date for rig after current and follow-on contracts (excluding option period) and shipyard stays have been completed. For newbuild rigs without a contract, the estimated available date is the

expected delivery date from the shipyard.

Page 3 of 10

Ensco plc
Fleet Status Report
18 July 2016

Monthly Changes: bolded rig names and underlined text signify changes in rig status from previous report.

Segment / Region / Rig	Design	Water Depth'(1)	Customer/ Status	Day Rate $000′s US	Location	Est. Avail(2)	Comments
Jackups
North & South America
ENSCO 68	MLT 84-CE	400	Chevron	High 60s	U.S. Gulf of Mexico	Jul. 16
ENSCO 75	MLT Super 116-C	400	Talos/ Contracted	Low 40s	U.S. Gulf of Mexico	Sep. 16	Contracted to Talos mid Jul. 16 to Sep. 16, low 40s.Then to Rooster Nov. 16 to Dec. 16, mid 40s
ENSCO 81	MLT 116-C	350	Cold Stacked		U.S. Gulf of Mexico
ENSCO 82	MLT 116-C	300	Cold Stacked		U.S. Gulf of Mexico
ENSCO 86	MLT 82 SD-C	250	Cold Stacked		U.S. Gulf of Mexico
ENSCO 87	MLT 116-C	350	Available/Contracted		U.S. Gulf of Mexico		Contracted to Castex Sep. 16 to Oct. 16, low 50s
ENSCO 99	MLT 82 SD-C	250	Cold Stacked		U.S. Gulf of Mexico

Page 4 of 10

Ensco plc
Fleet Status Report
18 July 2016

Monthly Changes: bolded rig names and underlined text signify changes in rig status from previous report.

Segment / Region / Rig	Design	Water Depth'(1)	Customer/ Status	Day Rate $000′s US	Location	Est. Avail(2)	Comments
Jackups
Europe
ENSCO 70	Hitachi K1032N	250	Cold Stacked		UK
ENSCO 71	Hitachi K1032N	225	Maersk	Mid 90s	Denmark	Jul. 18
ENSCO 72	Hitachi K1025N	225	Maersk	Mid 90s	Denmark	Aug. 16
ENSCO 80	MLT 116-CE	225	GDF	Mid 140s	UK	Apr. 17	Planned inspection for approx. 30 days in 4Q16. Plus one unpriced option
ENSCO 92	MLT 116-C	225	ConocoPhillips	Mid 90s	UK	Aug. 18	Special workover rate Jan. 16 to Jan. 17, mid 90s. Then rate to be mutually agreed annually thereafter Jan. 17 to Aug. 18
ENSCO 100	MLT 150-88-C	350	Premier	Mid 180s	UK	Nov. 18	-----
ENSCO 101	KFELS MOD V-A	400	BP	Mid 50s	UK	Aug. 16	Contracted for accommodation work Jun. 16 to Aug. 16, mid 50s
ENSCO 102	KFELS MOD V-A	400	GDF	Mid 50s	UK	Aug. 16	Contracted for accommodation work to mid Aug. 16 -----
ENSCO 120	ENSCO 120 Series	400	Nexen	Low 180s	UK	Aug. 16	Plus two 1-well priced options and five 1-well unpriced options
ENSCO 121	ENSCO 120 Series	400	Wintershall	Mid 90s	Denmark	Aug. 16	-----.Contracted from mid Jun. 16 to Jul. 16, mid 120s.Then rate decreases to mid 90s Jul. 16 to Aug. 16
ENSCO 122	ENSCO 120 Series	400	NAM	Low 230s	Netherlands	Nov. 16	Rate decreases to mid 120s late Oct. 2016 to late Nov. 2016. Plus approx. $14,000 per day for mobilization amortized through Nov. 16. Plus cost adjustments and one 1-well unpriced option

Page 5 of 10

Ensco plc
Fleet Status Report
18 July 2016

Monthly Changes: bolded rig names and underlined text signify changes in rig status from previous report.

Segment / Region / Rig	Design	Water Depth'(1)	Customer/ Status	Day Rate $000′s US	Location	Est. Avail(2)	Comments
Jackups
Middle East
ENSCO 53	F&G L-780 Mod II-C	300	Cold Stacked	-----	UAE	-----
ENSCO 54	F&G L-780 Mod II-C	300	Saudi Aramco	Low 90s/Mid 110s	Saudi Arabia	Sep. 17	Operating rate Jan. 16 to year-end 2016, low 90s. Planned maintenance for approx. 12 days in 1Q17. Rate increases to mid 110s Jan. 17 to Sep. 17. Plus approx. $39,000 per day for upgrade costs and mobilization amortized through Sep. 17. Plus one 1-year priced option
ENSCO 76	MLT Super 116-C	350	Saudi Aramco	Mid 120s/Low 170s	Saudi Arabia	Dec. 18	Operating rate Jan. 16 to year-end 2016, mid 120s. Rate increases to low 170s Jan. 17 to Dec. 18
ENSCO 84	MLT 82 SD-C	250	Available		Bahrain
ENSCO 88	MLT 82 SD-C	250	Saudi Aramco	Mid 80s	Saudi Arabia	Nov. 16	Operating rate Jan. 16 to Nov. 16, mid 80s. Plus approx. $23,000 per day for upgrade costs amortized through Nov. 16. Planned inspection for approx. 14 days in 4Q16. Plus one 1-year priced option
ENSCO 94	Hitachi 250-C	250	Saudi Aramco	Mid 80s	Saudi Arabia	Aug. 16	Operating rate Jan. 16 to Aug. 16, mid 80s. Plus one 1-year priced option
ENSCO 96	Hitachi 250-C	250	Saudi Aramco	Mid 60s/Mid 120s	Saudi Arabia	Feb. 19	Operating rate Jan. 16 to year-end 2016, mid 60s. Rate increases to mid 120s Jan. 17 to Feb. 19
ENSCO 97	MLT 82 SD-C	250	Saudi Aramco	Mid 60s/Mid 120s	Saudi Arabia	Feb. 19	Operating rate Jan. 16 to year-end 2016, mid 60s. Rate increases to mid 120s Jan. 17 to Feb. 19
ENSCO 104	KFELS MOD V-B	400	NDC	Mid 80s/Mid 90s	UAE	Sep. 18	Operating rate Feb. 16 to year-end 2017, mid 80s. Planned inspection for approx. 75 days in 3Q16. Rate increases to mid 90s Jan. 18 to Sep. 18. Plus one 2-year unpriced option
ENSCO 110	KFELS MOD V-B	400	NDC	Mid 80s/Low 80s	UAE	Nov. 16	Operating rate Feb.16 to mid Jul. 16, mid 80s. Special rate mid Jul.16 to Oct. 16, low 80s
Africa
ENSCO 109	KFELS MOD V-Super B	350	Chevron	Low 170s	Angola	Jan. 18	Planned inspection for approx. 20 days in 4Q16. Plus $13,000 per day for mobilization amortized through Jan. 18. Plus cost adjustments

Page 6 of 10

Ensco plc
Fleet Status Report
18 July 2016

Monthly Changes: bolded rig names and underlined text signify changes in rig status from previous report.

Segment / Region / Rig	Design	Water Depth'(1)	Customer/ Status	Day Rate $000′s US	Location	Est. Avail(2)	Comments
Jackups
Asia & Pacific Rim
ENSCO 52	F&G L-780 Mod II-C	300	Murphy	Mid 80s	Malaysia	Aug. 17	Sublet to PCPP Aug. 16 to Sep. 16, high 90s. Inspection for approx. 28 days in 2Q16. Plus one 1-year unpriced option
ENSCO 56	F&G L-780 Mod II-C	300	Cold Stacked		Malaysia
ENSCO 67	MLT 84-CE	400	Available		Malaysia		Based on letter of award, expect to work in Indonesia Dec. 16 to Oct. 17
ENSCO 105	KFELS MOD V-B	400	Cold Stacked		Singapore
ENSCO 106	KFELS MOD V-B	400	Available		Malaysia
ENSCO 107	KFELS MOD V-B	400	Contract Preparations		Singapore	Mar. 17	Contracted to Chevron in Australia from Sep. 16 to Mar. 17, high 120s. Plus six 1-month options
ENSCO 108	KFELS MOD V-B	400	PTTEP	Low 160s	Thailand	Apr. 17	Plus one 1-year priced option

Page 7 of 10

Ensco plc
Fleet Status Report
18 July 2016

Monthly Changes: bolded rig names and underlined text signify changes in rig status from previous report.

Segment / Region / Rig	Design	Water Depth'(1)	Customer/ Status	Day Rate $000′s US	Location	Est. Avail(2)	Comments
Jackups
Under Construction
ENSCO 140	ENSCO 140 Series	340/400	Under construction		UAE	Jul.16
ENSCO 141	ENSCO 140 Series	340/400	Under construction		UAE	Aug.16
ENSCO 123	ENSCO 120 Series	400	Under construction		Singapore	1Q18
Other
Drilling Management
Thunder Horse	Deepwater Semisubmersible	6000	BP	Mid 90s	U.S. Gulf of Mexico	Jan. 22	Plus cost adjustments and five 1-year options
Mad Dog	Deepwater Spar Drilling Rig	4500	BP	Low 60s	U.S. Gulf of Mexico	Jan. 22	Rate decreases to mid 50s Jan. 17 to Jan. 22. Plus cost adjustments and five 1-year options
ENSCO 83	MLT 82 SD-C	250	-----	-----	-----	-----	Drilling management charter ended in May 16.Completed re-inspection and delivered rig to owner

⁽¹⁾ For rigs that may be modified to drill in deeper water depths, both the currently outfitted and maximum upgrade capabilities are shown.

⁽²⁾ Estimated available date for rig after current and follow-on contracts (excluding option period) and shipyard stays have been completed. For newbuild rigs without a contract, the estimated available date is the

expected delivery date from the shipyard.

Page 8 of 10

Ensco plc
Fleet Status Report
18 July 2016

Monthly Changes: bolded rig names and underlined text signify changes in rig status from previous report.

Segment / Region / Rig	Design	Water Depth'(1)	Customer/ Status	Day Rate $000′s US	Location	Est. Avail(2)	Comments
Held for Sale
Continuing Operations
ENSCO 91	Hitachi Zosen Drill Hope C-150	270	Sold				Sold for scrap value.Sale price in line with net book value of rig
Discontinued Operations
ENSCO 7500	Semisubmersible DP	7500/8000	Cold Stacked		Spain
ENSCO DS-2	Drillship - DP Gusto 10,000	6000/10000	Sold				Sold for scrap value.Sale price in line with net book value of rig
ENSCO 90	MLT 82 SD-C	250	Cold Stacked		U.S. Gulf of Mexico
ENSCO 58	F&G L-780 Mod II	250	Sold				Sold for scrap value.Sale price in line with net book value of rig

⁽¹⁾ For rigs that may be modified to drill in deeper water depths, both the currently outfitted and maximum upgrade capabilities are shown.

⁽²⁾ Estimated available date for rig after current and follow-on contracts (excluding option period) and shipyard stays have been completed. For newbuild rigs without a contract, the estimated available date is the

expected delivery date from the shipyard.

Page 9 of 10

Ensco plc
Fleet Status Report
18 July 2016

Definitions and Disclaimers

Day Rate and Terms. The day rates reflected in this Fleet Status Report are the operating day rates charged to customers, which may include estimated contractual adjustments for changes in operating costs and/or reimbursable cost adjustments for ongoing expenses such as crew, catering, insurance and taxes. The day rates, however, do not include certain types of non-recurring revenues such as lump sum mobilization payments, revenues earned during mobilizations, revenues associated with contract preparation and other non-recurring reimbursable items such as mobilizations and capital enhancements, and the impact of the fair market value adjustments to previously acquired drilling contracts. Routine and non-routine downtime may reduce the actual revenues recognized during the contract term. Additionally, we sometimes negotiate special rates and/or day rate adjustments with customers that may reduce revenues recognized. Significant zero rate estimates are reflected in the comments section for 2016.

Forward Looking Statement. Statements contained in this Fleet Status Report that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements include words or phrases such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” “project,” “could,” “may,” “might,” “should,” “will” and similar words and specifically include statements involving future rig day rates including adjustments with the customer; discussions with the customer; backlog; cost adjustments; utilization; estimated rig availability; expected work commitments and contracts; contract duration, status, terms and other contract commitments; letters of intent or letters of award; rig enhancement projects; new rig commitments; the expected period of time and number of rigs that will be in a shipyard for repairs, maintenance, enhancement or construction; sale leaseback transactions; scheduled delivery dates for new rigs; and the timing of delivery, mobilization, contract commencement, relocation or other movement of rigs. Such statements are subject to numerous risks, uncertainties and assumptions that may cause actual results to vary materially from those indicated, including commodity price fluctuations, customer demand, new rig supply, downtime and other risks associated with offshore rig operations, relocations, severe weather or hurricanes; changes in worldwide rig supply and demand, competition and technology; future levels of offshore drilling activity; governmental action, civil unrest and political and economic uncertainties; terrorism, piracy and military action; risks inherent to shipyard rig construction, repair, maintenance or enhancement; possible cancellation, suspension; repudiation; or termination of drilling contracts, including termination for convenience (without cause), as a result of mechanical difficulties, performance, customer liquidity and finances, the decline or the perceived risk of a further decline in oil and/or natural gas prices, or other reasons; the cancellation of letters of intent or any failure to execute definitive contracts following announcements of letters of intent or letters of award; the outcome of litigation, legal proceedings, investigations or other claims or contract disputes; governmental regulatory, legislative and permitting requirements affecting drilling operations; our ability to attract and retain skilled personnel on commercially reasonable terms; environmental or other liabilities, risks or losses; debt restrictions that may limit our liquidity and flexibility; our ability to realize the expected benefits from our redomestication and actual contract commencement dates; cybersecurity risks and threats; and the occurrence or threat of epidemic or pandemic diseases or any governmental response to such occurrence or threat. In addition to the numerous factors described above, you should also carefully read and consider “Item 1A. Risk Factors” in Part I and “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Part II of our most recent annual report on Form 10-K, as updated in our subsequent quarterly reports on Form 10-Q, which are available on the SEC’s website at www.sec.gov or on the Investor Relations section of our website at www.enscoplc.com.  Each forward-looking statement contained herein speaks only as of the date of this Fleet Status Report, and we undertake no obligation to publicly update or revise any forward looking statements, except as required by law.

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