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

To: Gary Burton who wrote (33354)	12/22/1998 2:02:00 PM
From: drsvelte	Respond to of 95453

DB 12:38 [OSE,RIG] TRANSOCEAN, TERRA NOVA AGREE TO CANCEL PREVIOUSLY ANNOUNCED CONTRACT

To: Gary Burton who wrote (33354)	12/22/1998 2:06:00 PM
From: SliderOnTheBlack	Read Replies (5) \| Respond to of 95453

FLC & KEG for the risk oriented.... Over-reaction to debt/leverage in the peak of tax loss selling and historically low crude/commodity prices; but at a low cost of money and assets.... I don't think these 2 companies are going anywhere... For the stout at heart - doesn't get any better than these 2 right here; right now...

To: Gary Burton who wrote (33354)	12/22/1998 2:13:00 PM
From: VLAD	Respond to of 95453

Can anyone here comment on this: news.com Is a problem with a rig's mooring system something that can be readily repaired by FLC if Mobile asked for a repair? What is FLC's reputation concerning rig quality and promptness on repairing problems? Is this just a lame excuse by Mobile to renig on a contract when they are trying to reduce expenses or is it a legitamate gripe? How long does a contract dispute such as this take to settle in court? Has anyone contacted FLC concerning this matter?