Mary P. Ricciardello Named Director of Noble Corporation
October 27 2003 - 4:02PM
PR Newswire (US)
Mary P. Ricciardello Named Director of Noble Corporation SUGAR
LAND, Texas, Oct. 27 /PRNewswire-FirstCall/ -- Noble Corporation
today announced that Mary P. Ricciardello has joined the Board of
Directors. Ms. Ricciardello, age 47, is serving in the class of
directors whose term expires at the 2005 annual general meeting of
members. Ms. Ricciardello served as Senior Vice President and Chief
Accounting Officer of Reliant Energy, Inc. from 1999 to 2002, and
immediately prior to that served in various financial roles at
Reliant and its affiliated companies since 1982. Reliant provides
electricity and energy services to retail and wholesale customers
marketing those services under the Reliant Energy brand. None of
Ms. Ricciardello's prior employers is a parent, subsidiary or other
affiliate of Noble Corporation. Her current principal occupation is
as a certified public accountant. She has not held a principal
employment since leaving her position with Reliant Energy, Inc. in
2002. Ms. Ricciardello holds an MBA from the University of Houston
and a bachelor's degree in business administration from the
University of South Dakota. She also serves as a director of U.S.
Concrete, Inc. Noble Corporation is a leading provider of
diversified services for the oil and gas industry. Contract
drilling services are performed with the Company's fleet, which
stands at 59* mobile offshore drilling units located in key markets
worldwide. The Company's fleet of floating deepwater units consists
of 13 semisubmersibles and three dynamically positioned drillships,
seven of which are designed to operate in water depths greater than
5,000 feet. The Company's premium fleet of 40* independent leg
cantilever jackup rigs includes 26* units that operate in water
depths of 300 feet or greater, four of which operate in water
depths of 360 feet or greater, and 11 units that operate in water
depths up to 250 feet. In addition, the Company's fleet includes
three submersible units. Nine of the Company's units are capable of
operating in harsh environments. Approximately 75 percent of the
fleet is currently deployed in international markets, principally
including the North Sea, Brazil, West Africa, the Middle East,
Mexico and India. The Company provides technologically advanced
drilling-related products and services designed to create value for
our customers. The Company also provides labor contract drilling
services, well site and project management services, and
engineering services. The Company's ordinary shares are traded on
the New York Stock Exchange under the symbol "NE". This news
release may contain "forward-looking statements" about the
business, financial performance and prospects of the Company.
Statements about the Company's or management's plans, intentions,
expectations, beliefs, estimates, predictions, or similar
expressions for the future are forward- looking statements. No
assurance can be given that the outcomes of these forward-looking
statements will be realized, and actual results could differ
materially from those expressed as a result of various factors. A
discussion of these factors, including risks and uncertainties, is
set forth from time to time in the Company's filings with the U.S.
Securities and Exchange Commission. Additional information on Noble
Corporation is available via the worldwide web at
http://www.noblecorp.com/ . * Assumes that the Company exercises
its options to purchase two additional premium, independent leg,
cantilever jackup rigs capable of operating in 300 feet of water.
http://www.newscom.com/cgi-bin/prnh/20020424/NEDLOGO
http://photoarchive.ap.org/ DATASOURCE: Noble Corporation CONTACT:
John T. Rynd, Vice President - Investor Relations, Noble Drilling
Services Inc. of Noble Corporation, +1-281-276-6100 Web site:
http://www.noblecorp.com/
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