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


To: JungleInvestor who wrote (71283)8/21/2000 12:04:38 PM
From: Big Dog  Respond to of 95453
 
New rig orders will be generated when the current capacity is utilized. The RIG/FLC merger shouldn't affect that.

FYI - of rigs for drilling in water depths at 3000-ft and greater, there are 95. The combined RIG/FAL will own 34 of them. (Not as many as I first thought...but still good pricing power when the crunch comes.)

big