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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: bw who wrote (2804)11/8/1997 1:59:00 PM
From: Chuzzlewit  Read Replies (1) of 95453
 
bw, I don't think that constitutes economic exposure (jackup rigs in SE Asia). So long as there is a supply and demand imbalance I could care less where the rigs are are operating, because oil is fungible. I can't see how the monetary turmoil in in SE Asia can have any impact on the drillers.

Regards,

Paul
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