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


To: marc chatman who wrote (18956)4/14/1998 6:22:00 AM
From: Teddy  Read Replies (1) | Respond to of 95453
 
i don't follow the company too much, but it looks like ESV might have a little problem.

NETHERLANDS: NAM is reviewing its drilling plans and may cut back on the number of rigs it has under contract off the
Netherlands. The operator currently has contracts with jackups ENSCO 70, ENSCO 71, ENSCO 72 AND ENSCO 85.
NAM is reviewing its plans in response to soft oil prices.



To: marc chatman who wrote (18956)4/15/1998 12:05:00 AM
From: Douglas V. Fant  Read Replies (1) | Respond to of 95453
 
marc, I'd be surprised if ESV took a "hickey" on any jackup rig that becomes available... The worldwide market for shallow water jackup rigs is pretty good right now....Bight of Benin, Angola, Vietnam, South ChinaSea, Indonesia, Philippines, Brazil, Mexico, GOM, North Sea, etc., etc....

Sincerely,

Doug F.