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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: David Wiggins who wrote (2833)	11/10/1997 10:57:00 AM
From: SJS	Read Replies (1) \| Respond to of 95453

RIG REPORTS RESULTS of .39 (which seems to be right on estimates...) Transocean Offshore Inc. (NYSE: RIG; OSE) announced today that net income for the three months ended September 30, 1997 was $39.1 million or $0.39 per share on revenues of $223.2 million. This compares to net income of $21.5 million or $0.31 per share on revenues of $136.9 million for the corresponding three months of 1996. The 1996 results include one month of Transocean ASA operations following the combination of the Company with Transocean ASA in September 1996. Also... RIG received contract extension for 300 day extension of Semisubmersible Transocean Explorer in the north sea for 43.5 Million. Quick math makes this about 145,000 per day.