Strictly: Drilling and oil-field services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tyc who wrote (14956)	3/16/1998 9:00:00 PM
From: Gottfried	Read Replies (1) of 95453

tyc, there is some phrasing in the announcement that gives a clue: >Until the end of June 1998, Exxon could elect to reduce the contract term to two years, in which case Global Marine would have the right to market the new drillship for a total of one year during the three-year term.< Does Exxon expect the current uncertainty to be over by the end of June? Until then, but not after, Exxon can reduce the term of the contract. Does anyone else see it this way? GM

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next