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      Note 11 - Subsequent Events&lt;/span&gt;&lt;/b&gt;&lt;/a&gt;
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      &lt;span&gt;&lt;span style="font-size:10.0pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;During the second
      quarter of 2009, we adopted SFAS No. 165, "Subsequent Events"
      (as amended) which establishes general standards regarding
      the accounting for and disclosure of events that occur after
      the balance sheet date but before financial statements are
      issued or are available to be issued. Adoption of this
      standard did not result in significant changes in the
      subsequent events that we are required to recognize or
      disclosure in our financial statements.&lt;/span&gt;&lt;/span&gt;
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    evaluated subsequent events through July 23, 2009, the date
    these condensed consolidated financial statements were filed
    with the SEC. On July 17, 2009, we received an $11.5 million
    payment from Petrosucre, a subsidiary of PDVSA. Petrosucre took
    over complete control of ENSCO 69 in January 2009, and we
    terminated our drilling contract with Petrosucre in June 2009
    after it failed to satisfy contractual obligations and meet
    payment commitments. See "Note 8 - Discontinued Operations" for
    additional information on ENSCO 69.&lt;/span&gt;&lt;/span&gt;
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