Seacor Smit CKH Oil Services Fleet Message Board

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Gold/Mining/Energy : Seacor Smit CKH Oil Services Fleet

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To: soozathelooza who wrote (5)	12/16/1997 4:36:00 PM
From: Mel Spivak	of 10

Spoke to CKH today. Mr Washecka of the NYC office was quite knowledgeable. They have been aerning about $1.25 or so from operations. Sale of assets brought their EPS up. THeir rev's come: 45-50% from Gulf of Mex. Other areas they operate in are: Mex, So Amer, W Africa, N Sea, Far East. Their vessels are fully deployed. They have new vessels on order that will be coming on line. They are all "called for". The type of vessels are: Crew boats, Utility, Supply and Anchor boats. Anchor boats tow the rigs out and get them set up (anchored). Competitors are: Tidewater, Trico Marine, Ensco. The bond proceeds are in ST investments costing CKH about 1.5%.

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