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


To: The Perfect Hedge who wrote (5986)12/23/1997 2:33:00 PM
From: Czechsinthemail  Read Replies (1) | Respond to of 95453
 
Here's some offshore rig data that continues to look strong:
offshore-data.com
It lends weight to the supply shortage argument. Short of a sharp and prolonged drop in oil prices, I think these rigs are going to remain in demand for some time to come.
Good luck to everyone. Hang on.
Baird



To: The Perfect Hedge who wrote (5986)12/23/1997 3:25:00 PM
From: Tony D.  Read Replies (1) | Respond to of 95453
 
I would like to take a position in another driller - when the time is right. Any suggestions? I am looking for a company that would be considered a mid-cap (ala TDW).

Thanks,

Tony D.