The company operates one of the most modern and versatile mobile offshore drilling fleets in the world and has consistently set industry records in deepwater drilling that have reinforced its position as a niche player in the segment.
The senator from Arizona outlined an energy plan that would include lifting the ban on offshore drilling for oil, a reversal of his position during his 2000 campaign.
This company is certainly in a difficult position as management has been outspoken about its ambition to expand its deepwater drilling business over the last two years since acquiring its original two rigs.