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To: tdl4138 who wrote (26815)7/31/1998 2:01:00 PM
From: Big Dog  Read Replies (1) | Respond to of 95453
 
Cash break even for jackup in the Gulf is about 13,000/day. (Remember the poll?)

BUT -- a case can be made to work below break even in order to keep crews and keep the rig "hot".

By the way -- for those that think capitulation is a turning point -- witness The Dog -- the biggest bull on earth for offshore -- he be a bull no mo.

big
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