Ensco International Inc. (ESV) Message Board

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

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To: William L. Oppenheim who wrote (1133)	4/22/1998 4:51:00 PM
From: Barry Cartwright	Read Replies (1) of 2005

Should we not assume that ESV will experience strong resistance at $30-31 unless oil trends back up? From the NE news release: Day said, ''Due to the weakness in oil prices we can anticipate some decline in dayrates in certain markets, most dramatically in the Gulf of Mexico. However, our continued strategy of seeking longer-term contracts mitigates, to some extent, the near volatility in the commodity markets.''

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