Transocean Ltd (switzerland) · NYSE:RIG
Transocean Ltd (switzerland) — Transocean — Q3 2009 Earnings Presentation
6 slides from Transocean Ltd (switzerland)'s earnings presentation, Nov 4, 2009
Slide 1: Transocean Ltd. Reports Third Quarter 2009 Results
Exhibit 99.2 Transocean Ltd. Reports Third Quarter 2009 Results
Slide 2: Chart #1: Average Contracted Dayrate by Rig Type
Chart #1: Average Contracted Dayrate by Rig Type Qtr 4 2009 through Qtr 3 2010 (Unaudited) Definitions Average The weighted average contract dayrate for each rig $500k High Specification Floaters Dayrate type based on current backlog from the company's most recent Fleet Status Report as of November
Slide 3: Chart #2: Out-of-Service Rig Months
Chart #2: Out-of-Service Rig Months* Qtr 1 2009 through Qtr 4 2010 (Unaudited) 40 Definitions 14 21 27 21 16 25 15 8 Rig Months Time expressed in months that each rig has been, or is forecast to be Out of Service as reflected in 35 the company's Fleet Status Report as of November 2, 2009. Also inclu
Slide 4: Chart #3: Operating & Maintenance (O&M) Costs Trends
Chart #3: Operating & Maintenance (O&M) Costs Trends (Unaudited) Definitions Drilling - Includes all shorebase and common support costs such Support Costs as onshore offices, yards and pool equipment and other & Other Direct direct costs such as labor pools and newbuild expenses. $1,600 MM Non Drill
Slide 5: Chart #4: Contract Backlog by Client Rating
Chart #4: Contract Backlog by Client Rating(1) (Unaudited) Total Contract Backlog (2) = $32.2 Billion Other (3) – 4% A Rated – 61% Other Investment Grade – 35% A Rated Other Investment Grade Other (1) Credit ratings represent the rating of client parent companies; however, our contracts may or may n
Slide 6: Chart #5: Free Cash Flow Backlog and Debt Maturities
Chart #5: Free Cash Flow Backlog and Debt Maturities (Unaudited) Total Free Cash Flow Backlog (1) = $17.2 Billion (US$ Billions) 5.0 Total Free Cash Flow Backlog $17.2 B (2) 4.4 Total Face Value of Debt $12.4 B 4.1 Difference $4.8 B 4.0 3.2 3.0 2.5 2.4 2.5 2.5 2.3 1.9 1.9 2.0 0.9 1.0 0.6 0.4 0.0 200
Transocean — Q3 2009 Earnings Presentation on 6ix