Noble Corporation to Host Analyst Day

-- Presentations by Noble's Senior Management related to the Company's fleet expansion and modernization programs

-- A tour of the Noble Bully I, a soon to be completed ultra-deepwater drillship developed as part of a joint venture with Shell

-- Opportunities to hear from shipyard officials regarding current construction trends

Mar 24, 2011, 16:22 ET from Noble Corporation

ZUG, Switzerland, March 24, 2011 /PRNewswire/ -- Noble Corporation (NYSE: NE) today announced that it will host an Analyst Day for the financial community on May 17-18, 2011 at the Keppel Shipyard in Singapore.  The event will begin with a dinner with Noble's senior management on the evening of May 17.  On the morning of May 18, Noble's management will make presentations with information related to the Company's strategy, drilling market segments, project execution, and the Noble Bully I, an ultra-deepwater drillship that is being built under a joint venture with Shell.  A tour of the Noble Bully I and the upgraded stern section of the deepwater drillship Noble Roger Eason, both under construction at the shipyard, will follow the presentations. The Noble Bully I is expected to be drydocked at the time of the event, potentially offering a unique opportunity to view the rig's thrusters in addition to the rest of the unit's advanced technology, much of which has been developed taking advantage of Shell's deepwater expertise.  A webcast of the presentations will be available on the Investor Relations section of the Company's Web site.  Noble also will post a copy of the presentation materials on the Company's Web site at the time of the event.

(Photo:  http://photos.prnewswire.com/prnh/20110324/DA71320)

"The two Bully drillships are outstanding additions to our rapidly growing fleet of high specification ultra-deepwater rigs," said David W. Williams, Chairman, President and Chief Executive Officer, Noble Corporation.  "We look forward to giving investors and analysts both an update on the Company's operations and outlook as well as the opportunity to personally examine not only the construction quality of the Bully units, but to view demonstrations of the innovative, advanced technology on the rigs that we believe will enable our customers to pursue their exploration and production goals more efficiently and safely."

Noble is also facilitating a visit to and tour of Sembcorp Marine's Jurong shipyard on May 19 for interested investors and analysts.  If you are interested in attending the event, please contact Noble's Investor Relations department at 281-276-6100 for more information.

About Noble

Noble is a leading offshore drilling contractor for the oil and gas industry. Noble performs, through its subsidiaries, contract drilling services with a fleet of 74 offshore drilling units (including nine drilling rigs currently under construction), located worldwide, including in the Middle East, India, the U.S. Gulf of Mexico, Mexico, the Mediterranean, the North Sea, Brazil, West Africa and Asian Pacific. Noble also owns and operates a dynamically positioned floating production, storage, offloading vessel. Noble's shares are traded on the New York Stock Exchange under the symbol "NE". Additional information on Noble Corporation is available via the worldwide web at http://www.noblecorp.com.

SOURCE Noble Corporation



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