CE THORNTON



R&B Falcon's jackup rig, CE Thornton, which was drilling offshore Guyana on the Eagle prospect, was forced at gunpoint by Suriname government gunboats to move off location. The rig is under contract to the Canadian oil company, CGX Energy who won the concession to drill offshore Guyana in 1998. Talks are underway to resolve the border dispute between Guyana and Suriname. Meanwhile, the CE Thornton is drilling on the smaller Horseshoe prospect.