InvestorsHub Logo
Followers 51
Posts 13754
Boards Moderated 0
Alias Born 07/12/2008

Re: kayakbob223 post# 258765

Friday, 05/25/2012 9:14:12 AM

Friday, May 25, 2012 9:14:12 AM

Post# of 360766
None of the big oil companies are releasing there deepwater drillships if they have the option to extend. Even with a large supply of new ships coming on online, these ship are 100% utilized. So if you got one, you better hold on to it. It's not that hard to find somewhere to drill and its also not that hard to sublet a drilling slot if you want to.