Seadrill Ltd (SDRL)

[MisterEC]

If the above event comes to pass Seadrill will see a major move upward.

Seadrill: Debt Maturities

Seadrill's problems (and they're big ones) are its debt maturity and purchase commitments. $2.388 bil has been reclassified as a current liability, i.e., due within one year or less. The due date is June 30, 2017. The maturities continue at this level through June 30, 2020, totaling $9.6 bil. They are also on the hook for over $4 bil worth of new rigs through 2019.