Ocean Rig (STU:O5K)

Yahoo  Sep 5  Comment 
Offshore driller Transocean Ltd expects rates to lease drilling rigs to improve and contracting activity to pick up in late 2019, an outlook that drove its recent decision to purchase rival Ocean Rig UDW Inc for $2.7 billion, Chief Executive...
MarketWatch  Sep 4  Comment 
Transocean Ltd. announced Tuesday an agreement to buy offshore drilling contractor Ocean Rig UDW Inc. in a cash and stock deal valued at $2.7 billion, including debt. Ocean Rig shares were still inactive in premarket trade, while Transocean's...
Upstream Online  Aug 31  Comment 
Independent to spud highly-anticipated wildcat off Namibia with Ocean Rig drillship within next few days
SeekingAlpha  Aug 30  Comment 


Ocean Rig UDW Inc. (NASDAQ:ORIG) is an international offshore drilling contractor specializing in the ultra-deepwater operating 9 offshore ultra deepwater drilling units, comprising of 2 ultra deepwater semisubmersible drilling rigs and 7 ultra deepwater drillships, 3 of which remain to be delivered to the company during 2013[1].

At December 22, 2010 DryShips own 103,125,500 common stock of Ocean Rig UDW Inc, representing about 78.3% of the issued and outstanding common stock of Ocean Rig UDW Inc [2].


  1. Ocean Rig 01/12/2012
  2. Ocean Rig Share purchase program
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