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Subject:  Re: RIG vs ATW Date:  12/22/2010  5:14 PM
Author:  allmusl70 Number:  118 of 1287


I'm new to the board and am enjoying the posts and your evaluations. I am currently crunching the numbers myself on ATW and RIG. I have read your articles about RIG and it seems RIG has not taken as much of a dive as I would have expected given the gov'ts GOM lawsuit. Another external factor that will help both companies is that of the price of oil. If one believes oil is headed north of $100 in the near term, and I am one of those, I believe RIG will benefit nicely. I also believe that if the GOM permitting process becomes more efficient, deep water drilling will once again trump the shallow water since the "lower fruit has already been picked". How under valued do you believe RIG is? Thanks again for what you do.

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