Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Ron Pratt who wrote (100831)	6/6/2000 11:41:00 AM
From: momojoe	Respond to of 120523

EXAP (18 3/4, + 1 1/4) at highest since late April -- almost a double in past couple weeks... If it can get past 24/25 in the next few sessions, no resistance till 40...MSTR recovering which is helping EXAP ...

To: Ron Pratt who wrote (100831)	6/6/2000 12:15:00 PM
From: debra vogt	Read Replies (2) \| Respond to of 120523

R&B Falcon Re-Activates Nine Offshore Rigs in Response to Strength in Natural Gas Drilling Markets June 6, 2000 11:06 AM Eastern Time HOUSTON, June 6 /PRNewswire/ -- R&B Falcon Corporation FLC announced that six of its shallow water jackups and three of its drill barges would re-enter active service in the near future. The 9 units were previously idle. To allow for crewing and final preparation for service, the activations are scheduled for the second and third quarters. Of the nine units re- entering service, 3 have firm contracts, 4 have contracts under negotiation, and 2 are in preliminary stages of discussions with operators. The units are being reintroduced to service based on the continued strength in demand for drilling for natural gas in the Gulf of Mexico. At the completion of this current re-activation effort, R&B Falcon will still have an additional 9 jackups and 15 drilling barges in the Gulf of Mexico that are capable of entering the active fleet as demand continues to strengthen. Paul B. Loyd, Jr., the Company's CEO and Chairman said, "With a fleet of 31 jackups and 34 drilling barges in the Gulf of Mexico, R&B Falcon will benefit substantially as the natural gas drilling market continues to improve. Current price and storage levels for natural gas for this time of year are almost unprecedented and are clearly signaling increased demand for our services. We believe these latest reactivations are in response to a trend that will ultimately result in full utilization of our entire shallow water fleet. R&B Falcon Corporation operates the world's largest fleet of marine-based drilling rigs servicing the international oil and gas industry. Its fleet is composed of 139 drilling units including the industry's largest fleets of barge and jackup rigs, and a fleet of semisubmersibles and drillships which is among the most capable in the world. R&B Falcon also provides turnkey and integrated services and operates mobile production units, internationally based land rigs and an offshore towing business. SOURCE R&B Falcon Corporation