Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: marc chatman who wrote (45982)	6/7/1999 12:05:00 PM
From: diana g	Read Replies (2) of 95453

Re: RIG marc, I can't find the link (No surprise!) but I remember reading that RIG was choosing to no longer be a Norwegian corp also. (RIG started in Norway, I'm sure you know.) I think this would have led to forced selling similar to that in the USA. Probably selling would be on a smaller scale. ---- But on the other hand, Norwegian institutions have been holding RIG a long old time, and might have had a sizeable chunk. I don't know. ---------------- They say it's for the tax advantages, but I'm skeptical about that being the primary reason. Where would you rather have your office---Houston or the Cayman Islands?? <G> ---d <<<"I haven't followed RIG on the Norway exchange. Without knowing the details, I'd assume the sell-off there was prompted by the sell-off here. >>>

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