Ironically, if you put Oilphants info together with Barry Morgans artical we would end up with:
Transocean's "Deepwater Pathfinder", sublet from Nigeria Shell, to begin drilling in blocks 2,3,or 4 of the JDZ in September 2006.
Scary, but I'm ok with that headline.
Now which ERHE partner would have the deep pockets and desire to bid a price high enough to make it worth Shell's while for that rig?