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

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To: BigBull who wrote (57099)12/17/1999 11:55:00 AM
From: SargeK  Read Replies (1) of 95453
 
Hey Shorts WATCH OUT!Ensco Gets $195 Million Credit Line
to Construct Drilling Rig

Dallas, Dec. 17 (Bloomberg) -- Ensco International Inc., the
seventh-largest U.S. oil driller, said it obtained a $195 million credit line backed by the U.S. Maritime Administration to finance construction of an offshore rig.

Friede Goldman Halter Inc. is currently building the Ensco
7500, which is expected to begin drilling for Houston-based
exploration company Burlington Resources Inc. late next year.

bloomberg.com

This must be one of those contracts JL indicated was expected but deferred. >LOL<
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