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re: Oilfield rumors

Posted on 4/17/14 at 1:12 pm to
Posted by TJG210
New Orleans
Member since Aug 2006
28528 posts
Posted on 4/17/14 at 1:12 pm to
quote:

was a little shocked when NOV purchased Wilson

They are already in the process of spinning them off.

I own some Franks International stock, any chance Schlumberger, NOV, or Halliburton comes calling?

I also recently some GULTU which is tied to royalties being paid from all of McMorans ultra deep plays. Any new news about Davy Jones 2? Any idea when they will start production?
Posted by barry
Location, Location, Location
Member since Aug 2006
50463 posts
Posted on 4/17/14 at 1:17 pm to
quote:

I own some Franks International stock, any chance Schlumberger, NOV, or Halliburton comes calling?


I don't think the family has any plans to sell the company, I'd be shocked.
Posted by Polar Pop
Member since Feb 2012
10777 posts
Posted on 4/17/14 at 1:21 pm to
quote:

They are already in the process of spinning them off.


Interesting, please elaborate.
Posted by lsuguru
Lake Charles
Member since Aug 2007
1788 posts
Posted on 4/17/14 at 1:30 pm to
quote:

Any new news about Davy Jones 2


DJ2 is suppose to flow test around the beginning of June.
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