Philip Dodge Quotations

One of these numbers is going to be a peak. I don't think it's $520,000 (the BP deal), but I'd be surprised if it was over $700,000.

We need to see greater predictability and certainty before the stock would look attractive again. I think earnings estimates are going to come down substantially this year and probably next year if, in fact, they go ahead with the de-mothballing of two rigs.

Despite the decline in North American natural gas prices during the quarter, people generally are more positive about the medium-term outlook.

It wasn't going to be a big addition anyway, I suspect. It's not an area where the geological setting is large.

I'm surprised, but the script that built up to Friday's bombshell was fairly logical. The things that were happening indicated a more serious situation than management suggested.