Post A Reply
my profile
login
|
register
|
search
|
faq
|
forum home
»
Allstocks.com's Bulletin Board
»
Hot Stocks Free for All !
»
PMHH (oil &rigs) 2mth High on 3x Vol!
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is not enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by The Owl: [QB] Gone a bit deeper... Looks like Lewco (along with Le Tourneau Group are subsidiaries of Rowan Companies Inc...) win contracts, and sub-contract some/all of the work to alliance partners e.g. PMHH. So presumably PMHH would be paid by Lewco as prime contractor, which possibly means up-front finance for deals done in this way. So as well as Patriot doing their own packages, they can also be part of bigger jobs without necessarily having financial constraints. I guess if Rowan ($1bn rev with loads a cash and just announced dividend) also in Houston like PMHH (and I guess as parent they must have signed off Lewco's alliance with PMHH), then well, who knows - ...:-). ps Rowan rig status shows 12 rigs without a contractor (TBD) for 2007/2008. [/QB][/QUOTE]
Instant Graemlins
Instant UBB Code™
What is UBB Code™?
Options
Disable Graemlins in this post.
*** Click here to review this topic. ***
Contact Us
|
Allstocks.com Message Board Home
© 1997 - 2021 Allstocks.com. All rights reserved.
Powered by
Infopop Corporation
UBB.classic™ 6.7.2