Majority of Offshore Oil and Gas Production Still Shut In One Week After Hurricane Ike, an Industrial Info News Alert

Tue. September 23, 2008; Posted: 08:30 AM

SUGAR LAND, TX, Sep 23, 2008 (MARKET WIRE via COMTEX) -- RDC | Quote | Chart | News | PowerRating -- Researched by Industrial Info Resources (Sugar Land, Texas) -- The Minerals Management Service (Washington, D.C.), the bureau within the U.S. Department of the Interior that manages the country's oil and natural gas resources on the outer continental shelf, reported that as of last week, approximately 89.2% of the oil production and 75.4% of natural gas production in the Gulf of Mexico was shut in. Ensco International Incorporated (NYSE:ESV) (Dallas, Texas), Pride International Incorporated (NYSE:PDE) (Houston, Texas) and Rowan Companies Incorporated (NYSE:RDC) (Houston) were some of the companies to report missing rigs.

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Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to oilandgasproductiongroup@industrialinfo.com or visit our website at www.industrialinfo.com.

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