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: Big Dog who wrote (3502)	11/21/1997 4:21:00 PM
From: John Carpenter	Read Replies (1) of 95453

Paul did indeed say that RB-Falcon would acquire one "obvious" driller and one not so "obvious" driller on CNBC at the time the merger was announced. I'm speculating that the not so obvious driller might be RIG. Recall, there was a bitter dispute between RIG and RB over who would win Transocean. RB lost of course-Paul does seem like an empire builder and a takeover of RIG could be sweet revenge for the loss of Transocean. Could you imagine the deep water powerhouse resulting from a RB-Falcon/RIG combination. It's not far fetched-RIG and RB share equity interests already in the Henry Goodrich and Paul B. Loyd fourth generation semis!

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