Eurasia Drilling hopes to acquire Transocean's Trident XX jackup for $260MM

Eurasia Drilling Company Limited is in negotiations with an affiliate of Transocean for the acquisition of the Trident XX jackup drilling rig presently operating in the Caspian Sea. 
If agreed, the acquisition from Transocean is anticipated to close by January 31, 2011 or shortly thereafter, with an estimated transaction value of US $260 million. 
The Trident XX is a Keppel FELS CS Mod V cantilever jackup capable of operating in water depths to 350 feet and drilling to 26,000 feet. 
Source: Press release