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: Malcolm Winfield who wrote (85646)	1/30/2001 11:28:45 AM
From: upanddown	Read Replies (2) of 95453

Malcolm Out of town last week so I'm not sure if this WSJ article about technical challenges in the deep water was posted here. public.wsj.com Check last paragraph for comments by RIG exec. Problems have to be leading to some major cost overruns. RIG and FLC may be a perfect match for each other...a couple of chronic under-achievers where the potential that everyone talks about never translates into results. Kind of late in the cycle to still be posting such mediocre results. John

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