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Re: SDRL chapter 11 and SFL "...Assets sold at BK auctions, SFL, FRO, or some new company (NewCo) setup, pick up what's worth having (rigs under contact and/or with possibility of new contacts) on cheap..." Not so simple. The operational history/reputation/staff of a drilling contractor is a major factor in its sophisticated rigs winning contracts, and an operator won't allow the shift of a contract to simply anyone who buys the iron cheaply. |
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Msg # | Subject | Author | Recs | Date Posted |
4604 | Re: SDRL chapter 11 and SFL | urhmi | 0 | 3/2/2017 4:25:20 PM |