For the next 2 years oil may stay in 40-50 range. But guess what guys. The oversupply will dwindle because we are not drilling. Rigs scraped and drydocked. This always hapens. But I will bet that 6.00 stock will be paying dividends again in 24 months.. Then whats it worth.. Buy all U can a put it away for 30 months. Then pay your kids college.. SDRL is a top 3 player
The directors and management paid themselves BOKO when ore went into the 100's
They continued not realizing ore may go back to 40.00 All this is the total responsibilty of
greed by the people running this mess.. Vote in a totally new board, cut costs and fat.
Get back to 40.00 ore prices and this will go back up..