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Transocean Ltd. Message Board

  • castcore castcore Feb 1, 2013 4:04 PM Flag

    With Settlement, World demand for more oil...RIG market leader in Ultra Deep...

    I cannot see any reason why this will not go up next 8 to 12 months.

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    • need to get Feb hearing behind us....maybe not a 4 dollar dividend this year but we should start them back up...

      • 1 Reply to mdkdhk
      • If the "Feb. hearing" you're talking about is the 2/14 hearing on the $400M criminal fine/penalty (and misdemeanor plea) component of RIG's overall $1.4B civil/criminal settlement with the DOJ, according to the DOJ's website any "written submissions" by "victim[s]" were to have been submitted by today (2/1), and any victim who wants to be heard in person at the hearing must notify the court by 2/7. If there have been any such written submissions I suppose we'll learn about it from the media, which reported on such filings in advance of the hearing on BP's criminal plea/settlement deal that was just approved notwithstanding the objections and comments of various victims (or their family members).

        Of course, there's still a Feb 25 civil trial after that ....

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