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rocky822

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rocky822

Re: e e bass post# 1877

Tuesday, 08/15/2006 9:55:01 PM

Tuesday, August 15, 2006 9:55:01 PM

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"Also seems like ERHC and others involved in the JDZ would have seen this coming, planned ahead, and had the rigs set up or at least on a shorter wait list. I find it hard to believe they would just now be "making arrangements to get rig slots."

PSCs were just signed this year. My guess is they started looking as soon as they signed.

"Maybe there's a good offshore rig stock to invest in. Might make a good return while waiting at .40 for another year with ERHC."

RIG is a great buy right now, imo.
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