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

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To: The Fix who wrote (48343)7/22/1999 2:54:00 PM
From: marc chatman  Read Replies (1) of 95453
 
A drillship was seized in South Africa over a dispute with a Portuguese ship yard. FLC issued a statement that the matter will not impact financial results.

Just my opinion, but from my limited knowledge of this area of the law, I don't believe it is going to be a big deal.

EDIT: the matter happened and was reported several days ago, I believe.
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