﻿<?xml version="1.0" encoding="utf-8"?><rss version="2.0"><channel><title>Silicon Investor - Diamond Offshore DO</title><copyright>Copyright © 2026 Knight Sac Media.  All rights reserved.</copyright><link>https://www.siliconinvestor.com/subject.aspx?subjectid=20887</link><description>
DO has the largest deep water drilling fleet in the world,but gets very little publicity. I am starting this thread so that I can share some information I learned from IR today that IMHO is significant regarding the 15 rigs that have to go into a shipyard for a Govt. mandated inspection  ( see 1997 10K or 10Q for 1st qtr.)during 1998. I talked with IR @ DO today and was told the following. 1.  13 of the 15 being inspected are Semis, &amp;2 Jackups. 2.   They figure an average of 30 days down time per rig. So we can expect 30 days of lost rev. for 13 semis or 390 days @ $150K per (EST) + the 60 days for the jackups. They also will incur add'l expense in moving the rigs. Bottom line IMHO this sounds like it could impact earn. This year  significantly. I am not sure how much of this is built into the current earnings estimates. I hope all, but I am afraid to gamble on that assumption. I hold a sizable pos. in both FLC &amp; DO and have been evaluating which one to add to this week. This inf. Made the choice easy. I added more FLC this AM @ $32. Comments will be appreciated.   Good Luck Don</description><image><url>https://www.siliconinvestor.com/images/Logo380x132.png</url><title>SI - Diamond Offshore DO</title><link>https://www.siliconinvestor.com/subject.aspx?subjectid=20887</link><width>380</width><height>132</height></image><ttl>10</ttl></channel></rss>