In today's "Where The Money Is" mailbag, Motley Fool energy sector analysts Taylor Muckerman and Joel South answer a question from a viewer interested in Fred Olsen Energy ASA, a Norwegian drilling contractor with an appealingly -- or alarmingly -- high dividend.

The company recently mis-estimated a one-off cost, a mistake that drove its share price down. Does this create a buying opportunity? Or should investors stick with the better-known, U.S.-based names?

In the following video, Motley Fool's energy analysts discuss Fred Olsen Energy, along with another name that might make for a better buy.

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Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool recommends Seadrill. The Motley Fool owns shares of Seadrill. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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