From the 2009 Annual report:(note the figures of $117m +...

From the 2009 Annual report:

(note the figures of $117m + 59m)

Transocean liability

Nexus has a potential liability to Sedco Forex International Inc (Sedco) in relation
to Sedco's termination of the Transocean Legend drilling rig contract between
Nexus and Sedco. Nexus has disputed Sedco�s entitlement to terminate the
contract and Sedco has foreshadowed a damages claim in relation to the
termination of the Transocean Legend drilling rig contract. Further, Sedco has
claimed that Nexus has additional liability to Sedco because Sedco terminated its
drilling contract with Oilex (JPDA 06-103) Limited (Oilex) as a result of termination
of the Nexus drilling rig contract.
Nexus considers that the Company's maximum potential liability is the profit lost by
Sedco on the Nexus contract (not the gross day rate under the contract). Nexus
considers its potential liability to be a fraction of the total contract value as a result
of the rig being used by third parties during the expected contract term. In this
regard, Nexus understands that the Transocean Legend drilling rig has
been contracted to ConocoPhilips for two wells for a period of approximately 148
days, plus a further two wells of unknown duration with options to increase this
period for a further four wells. However, Nexus advises that the total value of the
260 day Nexus contract, based on the full day rate set out in the contract, is
US$117 million, and that Sedco claims the total value of the Oilex contract is
approximately US$59 million.
Nexus recognizes that risks exist in relation to the magnitude and timing of any
settlement of Sedco's claims. Nexus will vigorously defend any claims brought by
Sedco in relation to either the Nexus contract or the Oilex contract.

who knows where this goes.