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Politics : Ask Michael Burke
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To: wlheatmoon who wrote (40439)12/22/1998 1:19:00 PM
From: Merritt  Read Replies (1) of 132070
 
MKC:

DO has the most deep water rigs. I think they have a better balance sheet than FLC, but FLC is more volatile and can make the bigger move. But DO has the better prospect of surviving should this cheap oil environment continue for another two years.

For a view of who's drilling where see:
oilonline.com

Good luck, Merritt
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