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Post# of 18778
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sneak-attack

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sneak-attack

Re: None

Tuesday, 04/30/2019 7:11:20 AM

Tuesday, April 30, 2019 7:11:20 AM

Post# of 18778
Current Deepwater drillship rates are at $190k a day.

The Major Exploration companies are locking in long-term day rates from the 4th Quarter of 2020 thru the 4th Quarter of 2023.
These rates are $250k to $275k a day.

After 2023, the rates are expected to rise to $300k a day.

This signifies that oil prices should be moving higher as the Global Economy picks up pace.

Please conduct your own research in case I am Mistaken.

Sneak-attack
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