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Re: Trueheart post# 78400

Tuesday, 09/16/2008 9:20:24 PM

Tuesday, September 16, 2008 9:20:24 PM

Post# of 107353
Trueheart: I respectfully disagree in that your analysis presumes that exploration and drilling are subject to short term pricing patterns when, in fact we are discussing long term strategic projects. As long as you agree that the long term demand for oil is up and the supply of easily obtainable crude is going down then there will be no slackening in demand for services to support these deep water endeavors.
Always a pleasure to hear your thoughts.
Good luck!
-Fritz

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