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

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To: Merritt who wrote (31050)10/23/1998 11:15:00 AM
From: Big Dog  Read Replies (1) of 95453
 
Offhand, I don't know why they mention higher day rates for the quarter. But SDC works the international market and probably has term work rather than spot market work. Also they may have been comparing to year ago quarter when some rigs may have been coming off contracts of the past at lower rates.

If this sounds confusing...I am.

Thanks for your kind comment re the ODB newsletter. The newsletter is becoming quite a hit...approaching 900 subscribers and read by a number of industry execs worldwide. (Subscribe for free below.)

big
loosbrock.com
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