Monday, July 23, 2012

Big Oil's Lure of the Ultra Deep

Starr Spencer, Platts
If you thought 2008 was a heyday for deepwater drilling, you ain't seen nothin' yet. At least that's the message suggested by the first two drillers, Noble Corporation and Diamond Offshore, that reported second-quarter earnings this week. While earnings wereƂ healthy, it was the commentary by the drillers' managers that made Wall Street sit up and take notice. . .
 
http://www.platts.com/weblog/oilblog/2012/07/20/_body_margin_0.html

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