ceo stated top two priorities artic and international rig utilization.
Alaska showing challenges after shells mishap
Operations report posted today shows higher utilization but has two rigs not being used and two others listed as "to be sold" does "to be sold" mean they are sold or does it mean they are not. If not sold you would think they would count against the %rate which would indicate the ceo is failing at his priorities.
Also more rigs unused indicates rev should be lower On earnings report for q4
A)PKD has the best safety record in the industry.B)Rigs to be sold are in the market for years.C)If only 2 rigs are idle,it is a very good news.Last time I checked they were 16 rigs with no work.So,this is a great improvement.