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Covingtonium

Covingtonium
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  • Awilco Drilling - Rejoice When Others Stack Or Scrap Their Rigs [View article]
    Morgan Stanley, I am assuming.
    Apr 24, 2015. 01:43 PM | Likes Like |Link to Comment
  • Awilco Drilling - Rejoice When Others Stack Or Scrap Their Rigs [View article]
    Do you have a link to that analysis?
    Apr 24, 2015. 12:04 PM | Likes Like |Link to Comment
  • Awilco Drilling - Rejoice When Others Stack Or Scrap Their Rigs [View article]
    Thx
    Apr 24, 2015. 01:21 AM | Likes Like |Link to Comment
  • Awilco Drilling - Rejoice When Others Stack Or Scrap Their Rigs [View article]
    Happen to have a link?
    Apr 22, 2015. 11:38 PM | Likes Like |Link to Comment
  • Awilco Drilling - Rejoice When Others Stack Or Scrap Their Rigs [View article]
    Just checked, looks like that is where it is.
    Apr 22, 2015. 11:36 PM | Likes Like |Link to Comment
  • Awilco Drilling - Rejoice When Others Stack Or Scrap Their Rigs [View article]
    Forgive me if I should know this already, but is this new Transocean contract for drilling in the North Sea?
    Apr 22, 2015. 11:35 PM | Likes Like |Link to Comment
  • Update: Vringo Post En Banc [View article]
    Why do you think a GVR will be granted?
    Apr 12, 2015. 02:51 AM | Likes Like |Link to Comment
  • Update: Vringo Post En Banc [View article]
    Sorry if I sound insulting, but how do you know?
    Apr 9, 2015. 01:47 PM | 1 Like Like |Link to Comment
  • BroadVision Revisited [View article]
    The time to short BVSN was back in early to mid 2012, when Jonathan Lebed was pumping it to no end.
    Apr 6, 2015. 10:23 AM | Likes Like |Link to Comment
  • Awilco Drilling - Rejoice When Others Stack Or Scrap Their Rigs [View article]
    So I received a reply from Awilco management regarding mid-contract cancellations. They have termination for convenience clauses in both the WilPhoenix and WilHunter contracts which impose penalty fees upon the counter party consisting of dayrates just below the currently contracted dayrate value for the duration of the time specified in the contract, resulting in slightly less than the original total contracted cash value having to be paid to Awilco in the event of a ToC. Further good news to support buying this stock.
    Apr 3, 2015. 11:37 AM | 1 Like Like |Link to Comment
  • Awilco Drilling - Rejoice When Others Stack Or Scrap Their Rigs [View article]
    Regarding your mention of the SDRL and RIG contract cancellations, were these cancellations that occurred in the middle of the contracted period? Can you elaborate on these cancellations?
    Apr 1, 2015. 12:56 PM | Likes Like |Link to Comment
  • Awilco Drilling - Rejoice When Others Stack Or Scrap Their Rigs [View article]
    I can prompt my friend who works offshore for Hercules.
    Apr 1, 2015. 12:53 PM | Likes Like |Link to Comment
  • Awilco Drilling - Rejoice When Others Stack Or Scrap Their Rigs [View article]
    This comes from conversations I had with a friend of mine who is a manager in an offshore rig day crew for Hercules Offshore. He said it is highly unlikely that a drilling contract will be canceled. Both counter parties to the contract make long term cost projections based off of the initially negotiated day rate and any alteration to such a contract would have severe adverse impacts on both companies both financially and reputation wise. If anyone can provide evidence of contract terminations or re-negotiations, please do so. I have also emailed Awilco to ask them if there was a clause in their drilling contracts allowing for a re-negotiation of the day rate but they replied that they cannot disclose the terms of their private contracts. My opinion is that the likelihood of a price re-negotiation is remote and the likelihood of a cancellation is extremely remote.
    Apr 1, 2015. 12:50 PM | Likes Like |Link to Comment
  • Awilco Drilling - Best Of A Bad Bunch? [View article]
    Thanks a bunch.
    Mar 19, 2015. 12:53 PM | Likes Like |Link to Comment
  • Awilco Drilling - Best Of A Bad Bunch? [View article]
    The internet simply says Budget Day will be on a Wednesday in March. Do you happen to have any more specific info?
    Mar 17, 2015. 12:49 PM | Likes Like |Link to Comment
COMMENTS STATS
459 Comments
386 Likes