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

To: gpphantom who wrote (88721)	3/16/2001 1:11:49 PM
From: Big Dog	Read Replies (2) \| Respond to of 95453

First, it ain't a rig. It's a platform. (Which may or may not have a platform rig "on board". Many journalists call anything in the ocean a 'rig'. The platform would be owned by Petrobras, and they would also be the operator. The only impact would be that they will likely have to build a new one and all the associated work that goes along with that. Re the OSX...FWIW I still think that business fundamentals will move these stocks considerably higher over 2001. The Dog remains "Ten Feet Tall and Bullet Proof"...I even am taking a shine to FGH for a miracle recovery. But right now, PKD is my favorite (and KEG still moves to mid teens, IMO) Also like COD (great takeover candidate) and PDE. big

To: gpphantom who wrote (88721)	3/16/2001 1:22:56 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 95453

dailynews.yahoo.com Brazil Oil Rig Tilted Toward Sea, 9 Men Missing By Luiz Andre Ferreira MACAE, Brazil (Reuters) - The world's biggest offshore oil rig, owned by Brazil's oil giant Petrobras, was still leaning heavily toward the ocean on Friday, a day after a series of explosions that apparently killed 10 people, but its listing was stable. Petrobras officials said they now had higher hopes that the giant platform, the size of a 40-story skyscraper, would not sink, as its listing of around 30 degrees, or three times more than the Leaning Tower of Pisa -- was unchanged from Thursday. ``The rig is stable for now,'' said a Petrobras spokesman. ''We are studying the possibility of sending a team to the rig to look for missing men there and for ways of saving the rig.''