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Gold/Mining/Energy : FLC Falcon Drilling -- Ignore unavailable to you. Want to Upgrade?

To: diana g who wrote (72)	4/13/1998 3:28:00 PM
From: diana g	Read Replies (1) \| Respond to of 461

Re: Barge Rigs - - From time to time there has been speculation about FLC's large Barge-Rig fleet. I was just reading Ensco's Annual Report, and noticed this: "...In response to the current and anticipated increase in demand, the Company is currently constructing three new barge rigs for Venezuela...." (ESV annual report, pg 24) I thought this of interest to FLC owners. Seems to imply that knowledgeable people in the drilling business believe the market for Barge-Rigs will continue to be strong.