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Noble Corporation Announces Resignation of Chief Executive Officer
SUGAR LAND, Texas, Sept. 20 /PRNewswire-FirstCall/ -- The Board of
Directors of Noble Corporation (NYSE: NE) announced today that Mark A.
Jackson has resigned from the positions of Chairman of the Board, President
and Chief Executive Officer, effective immediately. The Board has appointed
William A. Sears, a director of the Company since January 1998, to serve as
Chairman of the Board, President and Chief Executive Officer on an interim
basis. Mr. Sears has over 40 years of experience in the oil and gas
industry and retired from his position as Director of Operations for
British Petroleum Exploration in 1997, after serving with them in various
positions since 1983.
The Board of Directors has formed a search committee to review internal
and external candidates to fill the President and Chief Executive Officer
position on a permanent basis.
Noble Corporation is a leading provider of diversified services for the
oil and gas industry. The Company performs contract drilling services with
a fleet of 62 mobile offshore drilling units located in key markets
worldwide, including the U.S. Gulf of Mexico, Middle East, Mexico, the
North Sea, Brazil, West Africa and India. The fleet count includes five
rigs under construction.
Additional information on Noble Corporation is available via the
worldwide web at http://www.noblecorp.com.
SOURCE Noble Corporation
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