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 (17858)	4/3/1998 9:46:00 AM
From: diana g	Read Replies (2) of 95453

Re: FLC loss of riser, string, BOP Hi Uncle Big, You wrote:"That's true Paul, but don't forget the risk involved. What if day rates slip. Or what if they only get 60% utilization. What if they lose a riser, string and BOP and it takes 6 months to get a new one and they don't have revenue for that period? Anything can and will happen." You didn't say FLC, but the shoe fits. Will it take six months, or are you just using the possibility as an example to make your point? What can you tell us about the ramifications of this incident? <<Off Topic>>> Looking forward to pictures of new spread. Will there be raccoons? best regards, diana

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