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


To: Big Dog who wrote (23013)5/29/1998 2:05:00 AM
From: Nancy  Respond to of 95453
 
<<FWIW. met for a few hours today with an oil service analyst. He will be coming out
with a report in 2-3 weeks that will speak very kindly of our sector. He will favor
deepwater (big surprise) and likes DO, RB and RIG.>>

Big Dog,

what is RB ? Is it FLC ?

read an article about dayrate softened and contract slackening in GOM area in the 250-400 ft water. 2nd Q 98 would not be affected but the so called 90-day hang stat increase to 70 rigs from 40-50 before, thus 3rd qtr might be in question. Opinion appreciated.