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Paragon Offshore: Could Old Rigs Offer Good Value?

2014-11-09 03:10:10| Energy - Topix.net

The market is currently pricing a near-bankruptcy scenario over the next three years, which is unfounded due to sufficient demand for ILC jackups. The share price of Paragon Offshore has been in a non-stop freefall since it was spun-out of Noble .

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