this is looking like a genius IPO... check out this part:
"The rush into deep waters is stretching the industry's drilling resources perilously thin -- raising exploration costs and slowing down the ability to explore regions. Robert Long, chief executive of deep-water drilling contractor Transocean Inc., told a Lehman Brothers conference this month that off the coast of West Africa "I could name six or seven different customers right now who are looking for deep-water capacity as soon as they could get it."