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To: Thean who wrote (1693)8/10/1998 10:40:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 14427
 
thean...per Big Dog:

"Day rates continue to fall (300-ft jackups at 22,000/day
only net about 9000/day, vs. a net of close to 35,000/day not too long ago -- this is a HUGE difference in
earnings). "

per cdg report: average rig rate was 34k and 31k for dimestic and international rigs.

earnings are down but cdg is affected less than others.