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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: upanddown who wrote (45912)6/5/1999 11:05:00 AM
From: Craig C   of 95453
 
Canadian Drillers

There is not many to chose from. Precision (PDS,N PD,T) is the biggest driller plus they have a lot of service rigs also. They also have been buying up specialty comp. the last several months. The stock has almost doubled since late winter though.Other major driller is Ensign Drilling (ESI,T).They do not have as many rigs as PD but they do have a good market share.The next in size is Akita Drilling (AKT.A,T). Other than that there is a small outfit called Tetonka Drilling (TDI,T) who have eight new drilling rigs ex PD employees who have a very good name in the business but they are small.
For US companies up here in the Can woods Rowan, Nabors, Phelps, and Noble are both active.Nabors would be your most active of these I suspect.
For strictly service rigs check out Bonus Res. (BOU,T) over 200 rigs. Problem is debt but a lot of Houston money is behind there debt.

Hope this helps. I have learned a lot from this thread and I'am glad to be able to contribute.
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