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


To: Jeffrey Beckman who wrote (8678)1/18/1998 2:35:00 PM
From: John Carpenter  Read Replies (1) | Respond to of 95453
 
Donald,

I would choose between RIG, FLC, and NE(in that order).
95% of the world's unexplored offshore drilling acreage
lies in water 3,000 feet and deeper accessible by only
17% of the world's floating fleet. That's why I would
stick with deepwater firms. RIG and FLC have the
highest concentration of deepwater rigs.