Challenger Minerals Inc News

Transocean Ltd. (NYSE:RIG) announced that Ihab Toma has been named Senior Vice President of Marketing and Planning, reporting to Robert L. Long, Chief Executive Officer, effective mid-August 2009. Based in Geneva, Toma will be responsible for marketing and planning for the company's fleet of 133 mobile offshore drilling units worldwide. He will also oversee Transocean Solutions, which offers clients a complete package for well construction and field development needs, and two company subsidiaries, Applied Drilling Technology Inc. (ADTI), and Challenger Minerals Inc. (CMI).

GlobalSantaFe Corporation announced that its board of directors has elected Jon A. Marshall as president and chief executive officer of the company. In addition, Mr. Marshall was elected a director at the company's annual meeting of shareholders. Mr. Marshall, who previously held the title of chief operating officer, succeeds C. Stedman "Sted" Garber, Jr., who, earlier this year, announced his intention to retire from his position as president, chief executive officer and a director. Marshall joined the company in 1979 and has held numerous operational and management roles over his 24-year career. In 1992, he became president of Applied Drilling Technology Inc. (ADTI), the company's turnkey drilling service subsidiary and Challenger Minerals Inc.