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Gold/Mining/Energy : 25,740' WINFIELD RANCH JV PARTNERS

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To: Bearcatbob who wrote (851)3/4/1999 11:34:00 PM
From: Ed Pakstas  Read Replies (1) of 1326
 
BB... If the the jv partners are going after Weatherford and not the drilling contractor, it could mean that the 'turnkey contract' (per se) was strictly for the drilling end...

The supply of goods and services to the drilling contractor must have been separate aggreements with the appropriate parties involved (sub contracted out by Berkley and the jv partners)...

Just my opinion, but I do believe that is common practise in the oil patch...

...ed
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