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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Dennis Roth who wrote (147920)	3/30/2011 8:34:25 AM
From: Dennis Roth	2 Recommendations Read Replies (1) of 206151

Transocean Ltd. (RIG) Highlights from Management Meetings 29 March 2011 ¦ 9 pages citigroupgeo.com Expecting GOM Recovery — Management is bullish on a near-term GOM recovery. Of its 13 rigs in the GOM, seven are on full rate, four are on a slightly lower standby rate, and two are on a special standby rate. In 2H11, oil companies are likely to bring rigs into the GOM rather than export them to other regions. All of its rigs are likely to be operating at full day rate by the end of 2011.

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