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

To: NucTrader who wrote (23082)	5/30/1998 1:40:00 PM
From: Big Dog	Read Replies (1) \| Respond to of 95453

CDG has smaller rigs, but are more focused internationally and therefore not directly subject to GOM market conditions. I think these stocks are so far oversold that this "softness" will not matter. big

To: NucTrader who wrote (23082)	5/30/1998 1:54:00 PM
From: Timelord	Read Replies (1) \| Respond to of 95453

Nuc, This from the 10K should answer your question: RATED DEPTH YEAR DELIVERED/ ---------------- TYPE OF EXPIRATION EQUIPMENT TYPE(a) REFURBISHED WATER DRILLING LOCATION CONTRACT DATE --------- ------- --------------- ----- -------- -------------- -------------- --------------- <S> <C> <C> <C> <C> <C> <C> <C> JACK-UP DRILLING RIGS Domestic(8) Cliffs Drilling 100........ MC 1982 / 1993 100' 25,000' Gulf of Mexico Multiple Wells June, 1998 Cliffs Drilling 150........ IC 1979 / 1994 150' 20,000' Gulf of Mexico Multiple Wells March, 1999 Cliffs Drilling 151........ IC 1981 / 1993 150' 25,000' Gulf of Mexico Term Daywork September, 1998 Cliffs Drilling 152........ MC 1980 / 1993 150' 25,000' Gulf of Mexico Term Daywork June, 1998 Cliffs Drilling 153........ MC 1980 / 1994 150' 25,000' Gulf of Mexico Term Daywork September, 1998 Cliffs Drilling 154........ IC 1979 / 1996 150' 20,000' Gulf of Mexico Multiple Wells April, 1998 Cliffs Drilling 180........ MS 1978 / 1997 184' 25,000' Gulf of Mexico Multiple Wells May, 1998 Cliffs Drilling 200........ MC 1979 / 1992 200' 25,000' Gulf of Mexico Multiple Wells June, 1998 International(8) LASALLE.................... IC 1982 / 1997 190' 25,000' Qatar Term Daywork April, 2000 Cliffs Drilling 101(b)..... MC 1973 / 1991 100' N/A Trinidad Term Daywork February, 1999 Cliffs Drilling 155........ IC 1980 / 1996 150' 22,000' Venezuela Term Daywork April, 1998 Cliffs Drilling 156........ IC 1983 150' 25,000' Venezuela Term Daywork March, 1998 Cliffs Drilling 160........ IC 1980 / 1996 160' 20,000' Qatar Term Daywork August, 1998 Cliffs Drilling 201........ MC 1980 / 1996 200' 20,000' Mexico Term Daywork October, 1998 Cliffs Drilling 202........ MC 1980 / 1998 200' 25,000' Shipyard Term Daywork June, 1999 Southwestern Marine 4...... MC 1982 / 1996 110' 25,000' Trinidad Term Daywork June, 1998 PLATFORM DRILLING RIGS International(3) Cliffs Drilling 1.......... -- 1988 -- 18,000' Trinidad Term Daywork January, 1999 Cliffs Drilling 3.......... -- 1993 -- 25,000' Trinidad Term Daywork September, 1998 Cliffs Drilling 17......... -- 1996 -- 12,000' Brazil Term Daywork November, 2000 LAND DRILLING RIGS International(11) Cliffs Drilling 28(c)...... -- 1977 / 1994 -- 25,000' Venezuela Term Daywork September, 2001 Cliffs Drilling 34......... -- 1980 / 1997 -- 18,000' Venezuela Multiple Wells August, 1998 Cliffs Drilling 35......... -- 1980 / 1997 -- 18,000' Venezuela Term Daywork June, 1999 Cliffs Drilling 36(c)...... -- 1982 / 1998 -- 18,000' Venezuela Term Daywork September, 2001 Cliffs Drilling 37(c)...... -- 1982 / 1998 -- 18,000' Venezuela Term Daywork September, 2001 Cliffs Drilling 40(c)...... -- 1980 / 1991 -- 25,000' Venezuela Term Daywork September, 2001 Cliffs Drilling 41(c)...... -- 1981 / 1994 -- 25,000' Venezuela Term Daywork September, 2001 Cliffs Drilling 42(c)...... -- 1981 / 1994 -- 25,000' Venezuela Term Daywork September, 2001 Cliffs Drilling 43(c)...... -- 1981 / 1991 -- 25,000' Venezuela Term Daywork September, 2001 Cliffs Drilling 54......... -- 1981 / 1995 -- 30,000' Venezuela Term Daywork December, 1999 Cliffs Drilling 55......... -- 1983 / 1997 -- 35,000' Venezuela Term Daywork May, 1998 MOBILE OFFSHORE PRODUCTION UNITS Domestic(2) Cliffs Drilling 4.......... -- 1967 / 1995 150' -- Gulf of Mexico Month-to-Month N/A Cliffs Drilling 8.......... -- 1977 / 1993 250' -- Gulf of Mexico Term Daywork December, 1998 International(2) Cliffs Drilling 10......... -- 1979 / 1993 250' -- Qatar Term Daywork October, 1998 LANGLEY.................... -- 1965 / 1996 150' -- Nigeria Term Daywork December, 2001 </TABLE> - --------------- (a) Abbreviations: MC = mat supported cantilever jack-up mobile offshore drilling unit IC = independent leg cantilever jack-up mobile offshore drilling unit MS = mat supported slot jack-up mobile offshore drilling unit (b) Workover jack-up rig acquired in the Well Services Acquisition. (c) Committed to the Company's Engineering Services business segment for turnkey drilling activities.