BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Transocean (RIG): Drilling for deepwater gains]]>http://www.bloggingstocks.com/2009/04/30/transocean-rig-drilling-for-deepwater-gains/http://www.bloggingstocks.com/2009/04/30/transocean-rig-drilling-for-deepwater-gains/http://www.bloggingstocks.com/2009/04/30/transocean-rig-drilling-for-deepwater-gains/#commentsFiled under: , , , ,

Energy sector specialist Elliott Gue sees opportunity in Transocean (NYSE: RIG), a leadin player in the deepwater drilling area. Here's the latest advice from The Energy Strategist.

"The market for deepwater rigs, however, has remained resilient and one drilling with direct leverage to deepwater rigs is US giant, Transocean, the world's largest offshore drilling company, with 136 rigs as well as ten under construction.

"Roughly 68 of those rigs are 'semisubmersibles,' and 39 are ultra-deepwater or deepwater rigs capable of drilling many of the complex plays being targeted around the world today.

Continue reading Transocean (RIG): Drilling for deepwater gains

Transocean (RIG): Drilling for deepwater gains originally appeared on BloggingStocks on Thu, 30 Apr 2009 14:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>deepwater drillingDeepwaterDrillingdrilling rigsdrilling stocksDrillingRigsDrillingStockselliott gueenergy stocksenergy strategistEnergyStrategistocean drilling stocksOceanDrillingStocksrigthestockadvisors.comtransoceanThu, 30 Apr 2009 14:00:00 EST