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Stocks T / Transocean Offshore Inc.

URL:  http://boards.fool.com/just-a-quick-note-regarding-the-drilling-ban-if-28808815.aspx

Subject:  Re: New RIG investor - aiming for $100/share Date:  10/7/2010  4:34 PM
Author:  jclawsonPHN Number:  1135 of 1155

Just a quick note regarding the drilling ban. If you go to the ATPG board, TMFDoodlebugger (probably the single greatest source of info regarding oil and gas companies) recently talked about how the ban might end but the length of time to get permits will likely increase. Here is a link:

http://boards.fool.com/funny-you-should-ask-i-just-posted-th...

As far as RIG potential, I agree with you that it is severely undervalued. I don't know how quickly it will recover but I do believe it will recover entirely.

JJ
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