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timhyma

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timhyma

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Monday, 02/08/2016 9:27:35 AM

Monday, February 08, 2016 9:27:35 AM

Post# of 120381
ZUG, SWITZERLAND-February 8, 2016-Transocean Ltd. (RIG) (RIGN.VX) announced today that Murphy Exploration & Production Company - USA, a subsidiary of Murphy Oil Corporation, has elected to terminate the contract for the ultra-deepwater drillship Discoverer Deep Seas. The rig`s contract was scheduled to end in November 2016. Transocean will be compensated for the early termination through a lump-sum payment that includes adjustments for operating costs.

Small Cap plays: #board-865
Big Board plays: #board-711

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