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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
04/01/201504:38:32Atwood Oceanics - One Of The Better Offshore Drillers
03/31/201507:16:15Seadrill And Transocean Will Lead The Rig Market Recovery
03/28/201515:22:52SeaDrill: Plan Playing Out Provides Major Long-Term Catalyst
03/28/201512:15:02Why Atwood Oceanics Shares May Be Cheaper Than You Think
03/28/201510:43:54Transocean - An Opportunity Through The Oil Crash
03/27/201519:21:455 Basic Materials Dogs Mark 25.89% Upside Edge Over March Top...
03/27/201519:11:31Alpha 7 Basic Materials Dogs Bear 30% To 80% March Upsides
03/26/201520:25:255 Basic Materials Dogs Mark 25.89% Edge Over March Top Ten
03/26/201516:36:44Additional Proxy Soliciting Materials (definitive) (defa14a)
03/25/201507:49:42Short-Term Pain Will Be Long-Term Gain For Offshore Drillers
03/24/201504:01:21How To Make Relatively Risk-Free Money From Beaten Offshore Drillers
03/24/201502:57:13Shake Shack Shares Persist On The Hard To Borrow List
03/23/201518:08:29Finding Safe Dividends In The Unloved Contract Drilling Services...
03/23/201516:47:27Transocean Files 8K - Other Events
03/23/201516:17:59Current Report Filing (8-k)
03/23/201516:16:40Proxy Statement (definitive) (def 14a)
03/23/201513:04:59Amended Statement of Ownership (sc 13g/a)
03/21/201513:08:06Transocean - Rig Moves Aren't Enough
03/20/201500:05:40Investing In Transocean Is Not For The Faint At Heart Right Now
03/19/201516:47:45MARKET SNAPSHOT: U.S. Stocks End Lower, Giving Back Some Fed-fueled...

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