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Transocean Is Said to Put Middle East Rigs Up for Sale -Reuters

Transocean Ltd. (RIG) has put its Middle East rig assets up for sale, with private equity firms Lime Rock Partners and Castle Harlan emerging as the main bidders in a deal likely to raise $1 billion for the offshore driller, Reuters reported Thursday on its website, citing three people with knowledge of the matter. About 30 rigs are involved, one person said. A Transocean spokesman told Reuters the company would not comment on "market speculation." Full story at: www.reuters.com/article/2012/06/14/transocean-gulf-sale-idUSL5E8HE9MY20120614 Write to nymonitoring@dowjones.com

Stock News for Transocean (RIG)
DateTimeHeadline
02/27/201509:23:51Icahn Investments Hit by Energy, Posts First Annual Loss Since...
02/26/201500:30:32Transocean Posts Loss on Impairment Charge -- Update
02/25/201523:45:26Transocean Posts Loss on Goodwill Impairment Charge
02/25/201504:20:18Providence Resources to Raise More Than $30 Million Via Two Share...
02/17/201516:59:47Transocean Files 8K - Regulation FD
02/17/201511:51:10Transocean Files 8K - Changes Executive Management
02/17/201511:51:10Transocean Files 8K - Other Events
02/16/201519:32:30Transocean's CEO Resigns
02/16/201500:13:55Transocean CEO and President Steps Down -- Update
02/15/201522:29:21Transocean CEO and President Steven Newman Steps Down

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