ERHC Energy Inc (ERHE)

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Noble's Homer Ferrington will be used for Anadarko's 2008 West Africa deepwater drilling program.



To support its deepwater activity, Anadarko has extended and expanded its access to rigs. In August, the company extended the terms of three deepwater rigs previously contracted by Kerr-McGee and added two incremental rigs. The Ocean Valiant and Ocean Star, owned by Diamond Offshore Drilling, Inc. (DO), and the Amos Runner, owned by Noble (NE), were extended for additional periods. Diamond Offshore's Ocean Monarch, upon completion of an upgrade in 2008, will be used in the deepwater Gulf of Mexico and Noble's Homer Ferrington will be used for Anadarko's 2008 West Africa deepwater drilling program. In total, Anadarko currently has 10 rigs under contract with maximum water-depth capabilities ranging from 5,500 feet to 10,000 feet.

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