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To: NucTrader who wrote (23088)5/30/1998 3:31:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 95453
 
Nucness...CDG filings reflect jackup rates @ about $40-43,000. As I recall, the very shallow rates are not experiencing softness but the 300-350' premium jackups were moving into shallower water and having to reduce rates from the upper 60s-lower 70s to compete with the shallow rigs. Bad for ESV, GLM, NE, RDC(?), MDCO for the time being. Maybe Dog can growl around and comnfirm....