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: Thean who wrote (14980)	3/16/1998 11:10:00 PM
From: Lucretius	Read Replies (1) of 95453

Thean: <<<<1) "NE": They also happen to be present in both deep and shallow water at GOM.>>>> This is incorrect regarding NE. I wouldn't buy NE for a GOM play. There EVA 400 semi's have been K'd for the GOM, but they only have three deepwater jackups in the Gulf. the rest are in North Sea, Argentina, West Africa, Middle East, and India. NE has no shallow jackups. They do have 3 shallow submersibles, however. Their drillships are in the North Sea and off Argentina. That's the whole fleet. :) Just thought I'd straighten you out. Ya spreadin nasty rumors about 'ole NE. (ggg) As I think you see, they have much more of a global presence than most. :) -Lucretius

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