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    <pubDate>Mon, 09 Nov 2009 05:05:03 GMT</pubDate>
    <language>en</language>
    <ttl>30</ttl>
    <item>
      <title>Northern Offshore Reports Third Quarter and Nine Month 2008 Financial Results</title>
      <guid>http://www.istockanalyst.com/article/viewarticle/articleid/2825865</guid>
      <description><![CDATA[Northern Offshore, Ltd. reported net income for the three months ended September 30, 2008 of US$15.5 million, or US$0.10 per diluted share. Excluding a US$3.0 million after-tax charge associated with the terminated transaction to acquire two North Sea semisubmersible drilling rigs, the Company would have reported net income of US$18.5 million or US$0.12 per diluted share. This compares to a net loss of US$1.8 million, or a loss of US$0.01 per diluted share, for the third quarter of 2007. Revenues for the third quarter of 2008 were US$74.9 million compared to US$48.2 million for the third quarter of 2007.<a href=http://www.istockanalyst.com/article/viewarticle/articleid/2825865>[More...]</a>]]></description>
      <pubDate>Mon, 24 Nov 2008 06:25:00 GMT</pubDate>
      <category domain="http://rss.financialcontent.com/stocksymbol">NOF</category>
      <link>http://www.istockanalyst.com/article/viewarticle/articleid/2825865</link>
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      <title>Northern Offshore Announces New Contract Award for Jackup Energy Exerter</title>
      <guid>http://www.istockanalyst.com/article/viewarticle/articleid/2776124</guid>
      <description><![CDATA[Northern Offshore, Ltd. today announced that its subsidiary, Northern Offshore U.K. Ltd., was awarded a contract with Aegean Energy S.A., for the jackup Energy Exerter. The drilling contract of three wells duration is expected to begin early January, 2009 and run approximately 135 days, inclusive of a 15 day mobilization period from the North Sea to offshore Kavala, Greece. The estimated contract value is approximately US$22.6 million, which is comprised of US$18.6 million during the drilling period and US$4.0 million in mobilization and demobilization fees. The Energy Exerter, currently located in the Pechora Sea, is expected to conclude its contract offshore the Russian Federation in late December 2008 and mobilize directly to Greece.<a href=http://www.istockanalyst.com/article/viewarticle/articleid/2776124>[More...]</a>]]></description>
      <pubDate>Thu, 06 Nov 2008 22:03:00 GMT</pubDate>
      <category domain="http://rss.financialcontent.com/stocksymbol">NOF</category>
      <link>http://www.istockanalyst.com/article/viewarticle/articleid/2776124</link>
    </item>
    <item>
      <title>Northern Offshore Announces Termination of Agreements to Acquire Two North Sea Semisubmersible Drilling Rigs</title>
      <guid>http://www.istockanalyst.com/article/viewarticle/articleid/2743532</guid>
      <description><![CDATA[Northern Offshore, Ltd. today announced that it had advised Transocean, Inc. that two wholly owned subsidiaries of Northern Offshore are terminating their previously announced agreements to acquire two North Sea semisubmersible drilling rigs from affiliates of Transocean, Inc. The acquisition of these rigs by Northern Offshore affiliates is contingent upon its ability to obtain Northern Offshore's lender consents to the acquisition and related financing. Northern Offshore has been unable to obtain the consent of its lenders on terms acceptable to Northern Offshore and has advised Transocean of this development.<a href=http://www.istockanalyst.com/article/viewarticle/articleid/2743532>[More...]</a>]]></description>
      <pubDate>Tue, 28 Oct 2008 11:26:00 GMT</pubDate>
      <category domain="http://rss.financialcontent.com/stocksymbol">NOF</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">RIG</category>
      <link>http://www.istockanalyst.com/article/viewarticle/articleid/2743532</link>
    </item>
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      <title>Northern Offshore Announces Revised Earnings Release Date and Conference Call Information</title>
      <guid>http://www.istockanalyst.com/article/viewarticle/articleid/2736232</guid>
      <description><![CDATA[Northern Offshore, Ltd. today announced a revised earnings release date and conference call information to report third quarter 2008 financial results after market close on November 23, 2008. The company also said it would conduct a teleconference with security analysis at 9 a.m. CST, November 24, 2008 to discuss the company's quarterly financial results. Individuals wishing to participate in the teleconference should call 800-901-5247 or 617-786-4501 about five to ten minutes prior to the scheduled start time and refer to participant passcode 40111234.<a href=http://www.istockanalyst.com/article/viewarticle/articleid/2736232>[More...]</a>]]></description>
      <pubDate>Fri, 24 Oct 2008 15:57:00 GMT</pubDate>
      <category domain="http://rss.financialcontent.com/stocksymbol">NOF</category>
      <link>http://www.istockanalyst.com/article/viewarticle/articleid/2736232</link>
    </item>
    <item>
      <title>Northern Offshore Comments on Energy Enhancer Incident</title>
      <guid>http://www.istockanalyst.com/article/viewarticle/articleid/2720414</guid>
      <description><![CDATA[Northern Offshore, Ltd. reported that a small fire had broken out on the Energy Enhancer jackup rig owned by an affiliate of Northern Offshore. The rig was operating in the U.K. Sector of the North Sea. No injuries were sustained and the fire was contained and extinguished by the onboard fire control team.<a href=http://www.istockanalyst.com/article/viewarticle/articleid/2720414>[More...]</a>]]></description>
      <pubDate>Mon, 20 Oct 2008 13:21:00 GMT</pubDate>
      <category domain="http://rss.financialcontent.com/stocksymbol">NOF</category>
      <link>http://www.istockanalyst.com/article/viewarticle/articleid/2720414</link>
    </item>
    <item>
      <title>Northern Offshore Announces New Contract Award for Drillship Energy Searcher</title>
      <guid>http://www.istockanalyst.com/article/viewarticle/articleid/2714738</guid>
      <description><![CDATA[Northern Offshore, Ltd. today announced that its Singapore-based subsidiary, Jet Holding Ltd. was awarded a contract with the Joint Operating Company Vietgazprom, a joint venture between Petrovietnam and Gazprom, for the drillship Energy Searcher. The drilling contract of five wells duration is expected to begin between June and September, 2009 and run approximately 365 days, inclusive of a mobilization period. The estimated contract value is approximately US$122 million, which is comprised of US$116 million during the drilling period and US$6 million in mobilization and demobilization fees. The Energy Searcher, currently located in Singapore, concluded its last contract offshore Indonesia in late June 2008 and is available for interim work.<a href=http://www.istockanalyst.com/article/viewarticle/articleid/2714738>[More...]</a>]]></description>
      <pubDate>Thu, 16 Oct 2008 21:44:00 GMT</pubDate>
      <category domain="http://rss.financialcontent.com/stocksymbol">NOF</category>
      <link>http://www.istockanalyst.com/article/viewarticle/articleid/2714738</link>
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      <title>Northern Offshore Announces New Contract Award for Jackup Energy Enhancer - Sep 19 2008  7:20AM</title>
      <guid>http://www.istockanalyst.com/article/viewarticle/articleid/2632266</guid>
      <description><![CDATA[Northern Offshore, Ltd. today announced that the jackup Energy Enhancer was awarded a contract with SPD Limited to drill a well in the U.K. North Sea. The contract award is for an estimated 45-60 days with a contract value of approximately US$9-12 million.<a href=http://www.istockanalyst.com/article/viewarticle/articleid/2632266>[More...]</a>]]></description>
      <pubDate>Fri, 19 Sep 2008 10:55:00 GMT</pubDate>
      <category domain="http://rss.financialcontent.com/stocksymbol">NOF</category>
      <link>http://www.istockanalyst.com/article/viewarticle/articleid/2632266</link>
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      <title>Northern Offshore Reports Second Quarter and Six Month 2008 Financial Results</title>
      <guid>http://www.istockanalyst.com/article/viewarticle/articleid/2557803</guid>
      <description><![CDATA[Northern Offshore, Ltd. reported net income for the three months ended June 30, 2008 of US$22.5 million, or US$0.15 per diluted share, compared to net income of US$16.6 million, or US$0.11 per diluted share for the second quarter of 2007. Revenues for the second quarter of 2008 were US$72.3 million compared to US$42.5 million for the second quarter of 2007.<a href=http://www.istockanalyst.com/article/viewarticle/articleid/2557803>[More...]</a>]]></description>
      <pubDate>Thu, 28 Aug 2008 10:56:00 GMT</pubDate>
      <category domain="http://rss.financialcontent.com/stocksymbol">NOF</category>
      <link>http://www.istockanalyst.com/article/viewarticle/articleid/2557803</link>
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      <title>Northern Offshore Announces Drilling Contract</title>
      <guid>http://www.istockanalyst.com/article/viewarticle/articleid/2542373</guid>
      <description><![CDATA[Northern Offshore, Ltd. today announced that it has entered into a drilling contract with AGR Peak Well Management Limited, a subsidiary of AGR Group ASA for the use of the semisubmersible GSF Arctic II in the North Sea. As previously announced, Northern Offshore has entered into an agreement with an affiliate of Transocean, Inc. to acquire the rig and expects to close on the rig purchase in the fourth quarter of 2008. Following the closing, the rig will be renamed the Energy Atlas.<a href=http://www.istockanalyst.com/article/viewarticle/articleid/2542373>[More...]</a>]]></description>
      <pubDate>Mon, 25 Aug 2008 11:58:00 GMT</pubDate>
      <category domain="http://rss.financialcontent.com/stocksymbol">AGR</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">NOF</category>
      <link>http://www.istockanalyst.com/article/viewarticle/articleid/2542373</link>
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      <title>Northern Offshore Files Information Memorandum With Oslo Stock Exchange</title>
      <guid>http://www.istockanalyst.com/article/viewarticle/articleid/2538398</guid>
      <description><![CDATA[As announced on July 28, 2008, Northern Offshore, Ltd. has entered into agreements with affiliates of Transocean Inc. to acquire the semisubmersible drilling rigs GSF Arctic II and GSF Arctic IV .<a href=http://www.istockanalyst.com/article/viewarticle/articleid/2538398>[More...]</a>]]></description>
      <pubDate>Fri, 22 Aug 2008 13:39:00 GMT</pubDate>
      <category domain="http://rss.financialcontent.com/stocksymbol">NOF</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">RIG</category>
      <link>http://www.istockanalyst.com/article/viewarticle/articleid/2538398</link>
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