Ocean Rig UDW Inc. (ORIG)

[seasonedwell]

The whole picture looks doable to 20-21 when you consider the discounts. Looks like with all the info available 18-19 we'll see contracts with perhaps 17 yielding something. No question GE is on top of the game here and is prepared for the worse case scenario. I'm confident that 60% equity control will yield positive for the common if we get uptick or 2 on deep drilling.

The annual principal payments required to be made after June 30, 2016, including balloon payments, totaling $4,129,065 due through July 2021, are as follows:

June 30, 2017 ....216,800

June 30, 2018.....530,628

June 30, 2019.....201,878

June 30, 2020.....182,759

June 30, 2021 and thereafter.....2,997,000

Total principal payments

4,129,065


Total debt

4,057,592