I'm so frustrated by NE, and Yahoo ate my post, so I'm trying again. NE report suggests that all jackup construction is being halted right now until they figure out what went wrong with the Regina Allen.
If SDRL had a cow, it'd use the cow as collateral to borrow money and buy 3 others cows, and produce three times the milk of anyone else.
If ESV had a cow, they'd build a milking platform to efficiently milk it, and then buy more cows, and hook them up to the same milking platform, resulting in 2x the milk of anyone else.
If NE had a cow, it would wander around the field for a few months then fall over dead. We don't know why it's dead, but management assures us their bonus was well deserved because it didn't die sooner. They are ordering several new cows.