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

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To: Big Dog who wrote (16792)3/27/1998 1:52:00 AM
From: Czechsinthemail  Read Replies (1) of 95453
 
Big Dog,
Thanks for the information on capital recovery factors. You said that jackups have a more attractive capital factor. Do jackups and floaters have similar or different life expectancies? I was trying to get a long-term picture of the profit potential of jackup vs. floater construction, and I would imagine if one or the other had a longer useful life after recovering the invested capital that would be a big plus.
Baird
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