January 05, 2011 at 01:44 AM EST
(DRYS) DryShips Earns Drilling Contracts
DryShips Inc. (DRYS) is gradually converting itself as an ultra-deep water drilling company rather than continuing as a simple drybulk cargo operator. Today, the company announced that two drillships of its subsidiary Ocean Rig UDW Inc. have entered into a definitive agreement with Cairn Energy plc for a period of six months. These drillships are [...] (DRYS) DryShips Earns Drilling Contracts
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