As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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Friday, 7 October 2011

Drillers are getting more cautious!

Drilling behemoth Ensco has hatched an option for a rig newbuilding at Keppel Fels but has let a further optional contract go.

Createwealth8888: Similarly like AOD. More worry of future financing in 2012 /2013???

AOD has an option for construction of one more jack-up rig at Keppel FELS Limited that matures on 30 September 2011. The Board of AOD has resolved to not exercise this option.

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