Camden

Size Alone Won't Be Enough for Transocean

Doug,

Given the nature of the business, the expertise, and money required, it would take SEVERAL YEARS for "customers [to] figure out how to entice capable new entrants into the market (via long term commitments, etc.) such that the supply and demand picture becomes more balanced". I can assure you THAT is a consideration of thoughtful investors – and that is one small reason why Transocean will continue to make huge profits for years to come.