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

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To: marc chatman who wrote (18944)4/14/1998 12:17:00 AM
From: pz  Read Replies (1) of 95453
 
From the GLM thread

Message 4051771

To: All

Spoke investor relations and this is the info they gave me:

They are operating at 100% rig capacity. All rigs coming off of contracts in the 2nd Quarter are already re-leased out to either the same users or new ones.

Dayrates:

1/1/98-1/31/98: $62,000/day
2/1/98-2/28/98: $64,000/day
3/1/98-3/31/98: $72,000/day

I was pleasantly surprised.

Tape delay of CC is at 1-800-839-2871

Frank

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