I've been wondering if the huge drop in the price of oil might have an effect on SDRL's ability to lease those speculative rigs they have coming on line...or maybe drive down the expected day rates?  Will $90 (or less!) Brent and the possibility that these lower prices could be prolonged, cause potential customers to delay contract negotiations and perhaps squeeze our company's finances?  I don't know the answer, but with the relatively high debt levels we have, I'd appreciate insightful commentary. 

 

Seadrill is my largest holding among my dividend payers.

 

Thanks,

 

Doug