SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: The Fix who wrote (48343)7/22/1999 2:48:00 PM
From: DJB  Read Replies (1) | Respond to of 95453
 
Fix--believe you meant FLC? Saw reference to ship getting seized on Yahoo board a couple of days ago, but nothing official.



To: The Fix who wrote (48343)7/22/1999 2:54:00 PM
From: marc chatman  Read Replies (1) | Respond to of 95453
 
A drillship was seized in South Africa over a dispute with a Portuguese ship yard. FLC issued a statement that the matter will not impact financial results.

Just my opinion, but from my limited knowledge of this area of the law, I don't believe it is going to be a big deal.

EDIT: the matter happened and was reported several days ago, I believe.



To: The Fix who wrote (48343)7/29/1999 1:54:00 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
< hear that FLN had a Ship Seized in South Africa this Week?>

Well, Fix; My subterrainian international intel crew, did tell me that reportedly; one of those ''barefoot cruise'' Sail Boats loaded with some yuppies from Chicago on a business trip - got drunk on Mai Tai's and as they were short the Falcon; they did evidently seize the drilling barge on a drunken yuppie rampage under a Portguese Flag of War....

Rumor has it that their leader was wearing a tattered Red Baseball Cap with a logo of a ''Pig with big Teeth'' (VBG) and was chanting some college fight song with a Southern Accent... as they over ran the Falcon Drilling Barge... like flies on $hit was one of the FLC crew's comments... reportedly war whoops of ''short the pig to $5'' were heard...as the Yuppie Pirates seized the Boat...

so, yup; they did get a barge/boat seized... mercenary yuppie-oilpatch short-arkansan's rumored to be the crew involved... what some people will do to influence their trading positions... (VBG).