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| related topics |
| {condition, economic, financial} |
| {operation, natural, condition} |
| {operation, international, foreign} |
| {cost, regulation, environmental} |
| {regulation, change, law} |
| {cost, contract, operation} |
| {personnel, key, retain} |
| {competitive, industry, competition} |
| {financial, litigation, operation} |
| {gas, price, oil} |
|
|
We may not be able to renew or replace expiring contracts.
The contract drilling industry is a highly competitive and cyclical business with intense price competition. If we are not able to compete successfully, our profitability may be reduced.
The recent worldwide instability in the financial and credit sectors and economic recession could have a material adverse effect on our financial position, results of operations and cash flows.
The ongoing global financial and credit situation may impact on our liquidity and financial condition.
Construction, conversion or upgrades of rigs are subject to risks, including delays and cost overruns, which could have an adverse impact on our available cash resources and results of operations.
Possible changes in tax laws could affect us and our shareholders.
We could be adversely affected by violations of applicable anti-corruption laws.
Failure to attract and retain highly skilled personnel or an increase in personnel costs could hurt our operations.
We may have difficulty obtaining or maintaining insurance in the future and we cannot fully insure against all of the risks and hazards we face.
Governmental laws and regulations, including environmental laws and regulations, may add to our costs or limit our drilling activity.
Our business involves numerous operating hazards.
Our global operations involve additional risks.
Fluctuations in exchange rates and nonconvertibility of currencies could result in losses to us.
We are subject to litigation that could have an adverse effect on us.
Full 10-K form ▸
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