Ensco International Inc. (ESV) Message Board

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Gold/Mining/Energy : Ensco International Inc. (ESV)

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To: Gottfried who wrote (1015)	4/7/1998 10:21:00 AM
From: Czechsinthemail	Read Replies (1) of 2005

From Yahoo, apparently someone talked to ESV's IR about the Coastal story and low oil prices: >>The IR representative said that the rigs for Coastal were going to be renewed, in fact one was already renewed and the other was about to be. He said that the lower prices are actually good for the industry long term because it allows some of the underindustrialized nations to become more industrialized, i.e. create larger oil demand. This also forces countries to apply discipline in production which is also good long term.>> Baird

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