InvestorsHub Logo
Followers 12
Posts 616
Boards Moderated 0
Alias Born 11/26/2010

Re: usafshyster post# 18447

Sunday, 06/26/2011 6:53:10 PM

Sunday, June 26, 2011 6:53:10 PM

Post# of 49275
not sure what your looking for, but most of the time a company like Standard will buy the property or lease, then will sub out to their contractors who will in turn bring in their own equipment or even down to their subs. If you look into a company like BP they too do not own their equipment, its all subbed out, thats how when things go bad,(rig explosion) they can just point their finger at the sub and say its not our fault it was Halliburton or etc... hope this helps.