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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Big Dog who wrote (50350)	9/3/1999 8:40:00 AM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 95453

MEXP................ let the games begin ~ eom. >>>>>>>>>>>>>>>>>>>> VBG <<<<<<<<<<<<<<<<<<<<<<<<<<< $lider

To: Big Dog who wrote (50350)	9/3/1999 2:59:00 PM
From: A. Geiche	Respond to of 95453

Big - FGI indeed went up. What is happening to the Ocean Rig?

To: Big Dog who wrote (50350)	9/3/1999 11:09:00 PM
From: upanddown	Respond to of 95453

GlobeTrottin'Dog Welcome back. Did you see todays ODS report on GOM activity? offshore-data.com ODS count again did better than BHI. ODS 132 +4 and BHI 105 +2. The gap between contracted rigs and working rigs is now 27, the highest that I have ever seen. Am I wrong in assuming that this is an early warning of increased activity in the Gulf? Couple excerpts from the report. - U.S. Gulf of Mexico offshore rig utilization topped 70 percent for the first time since February. - As expected, U.S. Gulf rig demand continues to increase. This week, 132 mobile offshore drilling rigs are under contract in the area, a four-rig increase since last week, and a 13-rig increase over the month-ago count. The 186-rig U.S. Gulf drilling fleet's utilization rate is 71.0 percent. - The increase in U.S. Gulf rig demand is primarily in the jackup market, where rigs are rated to drill in water depths under 400 feet. At the top end of this market, only ONE rig is currently available for immediate work. This tightening of the jackup market will lead to improved rig dayrates in the coming weeks. Boom2000 looks like it is right on schedule. The big question...when will Wall Street ANTICIPATE Boom2000?? John