Transocean (RIG) is also up 2% at $4.20 per share.
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Read More on SDRL:
- Transocean said to be in merger talks with Seadrill, Bloomberg says
- Seadrill price target lowered to $65 from $70 at Stifel
- Seadrill, Oil States collaborate on offshore MPD operations
- Seadrill upgraded to Buy on greater takeout potential at Citi
- Citi downgrades Transocean on valuation, possible Seadrill deal
