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: Lucretius who wrote (14351)	3/10/1998 4:28:00 PM
From: Big Dog	Read Replies (2) of 95453

Hi Guys -- Not so nice the way our puppies have been treated. I still see no signs of decline. Had lunch yesterday with the guy that hires rigs worldwide for a major oil company...he still needs rigs. Other major oil companies are expected to do deals within a couple of weeks for more long term contracts resulting in new construction. The key is, the deeper the water, the less sensitive programs are to oil prices...the key is discoveries and technology. The coming boom will be in development work in these deepwater areas -- as well as hook-up (CXIPY).

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