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


To: Broken_Clock who wrote (5454)12/16/1997 9:57:00 PM
From: Big Dog  Read Replies (3) | Respond to of 95453
 
Anything is possible when it comes to payment for a rig. They may be paying a high mobilization charge and so it looks like a lower day rate. They may be paying for some special equipment. They may be giving a well participation (not likely). You never know. Taking a day rate at face value is not always smart. The devil is in the details.