Has anyone heard anything about Noble drilling buying out Pacific Drilling ???
[QUOTE=PDCDriler;86268]Has anyone heard anything about Noble drilling buying out Pacific Drilling ???[/QUOTE]
Yes, I heard that rumor.
[QUOTE=PDCDriler;86268]Has anyone heard anything about Noble drilling buying out Pacific Drilling ???[/QUOTE]
Say it ain’t so Joe? SAY IT AIN’T SO!
I haven’t looked at this latest quarterly financials but how much cash does Noble have on hand right now? What’s PacDrill’s cash position? What is it’s present market cap at? Can Noble afford to borrow the $$$ it will take to buy a PacDrill? When they bought Frontier all the money came from Shell for 0% interest. Noble ain’t gonna get that again from Shell that’s for sure.
[QUOTE=c.captain;86309]Say it ain’t so Joe? SAY IT AIN’T SO!
I haven’t looked at this latest quarterly financials but how much cash does Noble have on hand right now? What’s PacDrill’s cash position? What is it’s present market cap at? Can Noble afford to borrow the $$$ it will take to buy a PacDrill? When they bought Frontier all the money came from Shell for 0% interest. Noble ain’t gonna get that again from Shell that’s for sure.[/QUOTE]
It ain’t so…
[QUOTE=PDCDriler;86268]Has anyone heard anything about Noble drilling buying out Pacific Drilling ???[/QUOTE]
Not a chance.
[QUOTE=PDCMATE;86323]Not a chance.[/QUOTE]
So why did this joker come on here this morning with such an idiotic question?
[QUOTE=c.captain;86329]So why did this joker come on here this morning with such an idiotic question?[/QUOTE]
Because he is probably drill crew.
[QUOTE=PDCMATE;86330]Because he is probably drill crew.[/QUOTE]
fair enough…none of them are all that bright are they?
[QUOTE=c.captain;86331]fair enough…none of them are all that bright are they?[/QUOTE]
Typically of lower than average education.
Probably a joke, trolling for a laugh. Some guys always like to start the most asinine crap and see how many people take the bait. I know a couple of hands (Noble hands ironically) that would start every tour with the rhetorical question: “what type of rumor should I start today?”
Based on the likelihood that he meant “driller” he can’t even spell his name properly…
I have done my part on this one.
[QUOTE=Capt. Lee;86396]I have done my part on this one.[/QUOTE]
Well I get to give a jab of my pointy stick to myself for attempting to give a straight answer to this clown although my thoughts that the idea was incredulous was stated.
Now, who will buy or merge with whom? Somebody is going to before the end of the year. It is just the nature of business to consolidate and merge. BIGGER IS BETTER! Who’s next?
[QUOTE=c.captain;86401]Well I get to give a jab of my pointy stick to myself for attempting to give a straight answer to this clown although my thoughts that the idea was incredulous was stated.
Now, who will buy or merge with whom? Somebody is going to before the end of the year. It is just the nature of business to consolidate and merge. BIGGER IS BETTER! Who’s next?[/QUOTE]
I say someone purchases Ocean Rig or Odfjell.
[QUOTE=PDCMATE;86403]I say someone purchases Ocean Rig or Odfjell.[/QUOTE]
But whom? SeaDrill? Maersk?
[QUOTE=c.captain;86413]But whom? SeaDrill? Maersk?[/QUOTE]
I would of thought Pacific, about 6 months ago, but not so sure anymore. I honestly think Diamond will make a play for someone like that to seriously upgrade the age of their fleet. I could see Diamond going after Ocean Rig or Vantage. Possibly see COSL as well purchasing someone, backing of the Chinese rather big.