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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Kerm Yerman who wrote (222)9/12/1996 3:52:00 PM
From: Richard Saunders   of 24922
 
Kerm/ I'm on a fax distribution list for SSS news releases. They've had a tough go of it, especially in some of their international contracts. The "old debt thing" caused apparent problems at Solid State. I'm currently sniffing in the wesrtern Cda. services sector and it appears that even though service co. revenues are healthy the major oil producers are packing their weight when it comes to have service cos. perform the work. Supposedly the trend is for the majors to package a bunch of required work (keep those service rigs busy) and extracting relatively competitive prices in exchange for guaranteed revenues. As noted, I'm still in the digging stages re: my search.......
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