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KRK...great posting, with a great deal of insight in to the future of PKD, agree with you totally.
know what PKD's rig utilization percentage is?
The current worldwide utilization is 44%.Rig #75 for Shell Nigeria will be christened July 1,1999 in NI, LA. Sails for Nigeria soon thereafter.Should be on the payroll in August.Rig #257 forOKIOC in the Caspian also sails in July and will be onthe payroll in August.Two big contracts forPDC.Utilization heading for an increase by 4Q99.