TRANSOCEAN SEDCO FOREX

The semisubmersible Transocean Rather has just been awarded a contract with BP Amoco to drill one well with an option for two additional wells. The first well should take approximately 120 days and commence the beginning of April. Kerr-McGee will farm-out the semisubmersible Transocean Richardson to Anadarko Petroleum for a two-well program expected to last sixty days. Both rigs are working in the deepwater Gulf of Mexico.
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