The above contains forward-looking statements about the business, financial condition and prospects of Noble Corporation. The actual results of the Company could differ materially from those indicated by the forward-looking statements because of various risks and uncertainties, including, without limitation, volatility in crude oil and natural gas prices, potential deterioration in the demand for our drilling services and resulting declining dayrates, the cancellation by our customers of drilling contracts or letter agreements or letters of intent for drilling contracts or their exercise of early termination provisions generally found in our drilling contracts, risks associated with fixed cost drilling operations, intense competition in the drilling industry, political and economic conditions in the United States and in international markets where we operate, cost overruns or delays on shipyard repair, maintenance, conversion or upgrade projects, adverse weather (such as hurricanes) and seas, operational risks (such as blowouts, fires and loss of production), limitations on our insurance coverage, requirements and potential liability imposed by governmental regulation of the drilling industry (including environmental regulation), and other risks indicated in the Company\'s Securities and Exchange Commission filings and reports. All of the foregoing risks and uncertainties are beyond the ability of the Company to control, and in many cases, the Company cannot predict the risks and uncertainties that could cause its actual results to differ materially from those indicated by the forward looking statements. When used in the following, the words 'believes,' 'anticipates,' 'expects,' 'plans' and similar expressions as they relate to the Company or its management are intended to identify forward looking statements.