RULING ON CROSS-MOTIONS FOR SUMMARY JUDGMENT
PUTNAM, Senior District Judge.
Before the Court are cross-motions for summary judgment filed by Sonat Exploration Company, Inc. ("Sonat") and FDI Marine, Inc. ("FDI"). For the reasons stated herein, the motion filed by Sonat is granted and the motion filed by FDI is denied.
I. FACTS
Sonat entered into an Offshore Drilling Contract with Falcon Drilling Company, Inc. ("Falcon") to...
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