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PBR - SEC Ends Investigation On Ensco DS-5 Contract
Petroleo Brasileiro S.A.- Petrobras
Ensco DS-5
The hot topic of the day is, of course, Transocean’s (RIG) move to purchase Ocean Rig (ORIG). However, there’s another interesting piece of information that may have gone unnoticed by the investment public as all eyes turned to Transocean and Ocean Rig. In an 8-K filing, Ensco (ESV) disclosed that the SEC has concluded its investigation into alleged irregularities related to a drilling services contract for Ensco DS-5 and does not intend to recommend any enforcement action against the company.