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Re: SageWise post# 72062

Friday, 07/18/2008 5:57:13 PM

Friday, July 18, 2008 5:57:13 PM

Post# of 107353
Also from SLB CEO Andrew Gould:

..."We therefore reiterate our stronger for longer view of the current cycle of expiration and production spending. It is significant that during the quarter an additional 28 new offshore rigs were reported ordered from shipyards with delivery dates out to 2012 increasing the total on order to more than 180."

http://seekingalpha.com/article/85759-schlumberger-limited-q2-2008-earnings-call-transcript?source=yahoo&page=2

-faz




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