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: Think4Yourself who wrote (51251)	9/16/1999 9:33:00 AM
From: articwarrior	Read Replies (1) of 95453

>Why is everyone so big on FGI/HLX when there has been so little pickup in offshore drilling, and there are concerns OPEC will raise quotas within 6 months and/or cheat? I don't get it. > If you understand the business HLX is in then you might appreciate the deal more. HLX builds ships and the aging of our tankers and shipping industry is reaching critical proportions. Second Navy boys have HLX in a pilot project that if successful could bring Billions into this corporation. As far as I'm concerned HLX does not have to merge with FGI.

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