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OCR - Letter of intent for Eirik Raude.

Europe Intelligence Wire

| June 14, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Hugin)

Ocean Rig enters into a "Letter of Intent" agreement with Esso Exploration Inc. for the Eirik Raude drilling rig, for use offshore, Newfoundland, Canada.

Stavanger, Norway Ocean Rig ASA has entered into a "Letter of Intent" agreement with Esso Exploration Inc., a subsidiary of Exxon Mobil Corporation, for exploration drilling in the Orphan Basin offshore Newfoundland with potential …

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