Strictly: Drilling and oil-field services Message Board

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

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To: JOHN BAIN who wrote (7569)	1/11/1998 6:54:00 PM
From: Teddy	of 95453

RE: "...Analysts are looking past the 4th quarter of '97 and first quarter of this year and are concerned that future earnings will decline as oil companies slash their E&P budgets due to falling oil prices. The prospects for the oil service sector are tied to the perceived future price of oil...." Uh, do you know of any company that is slashing their E&P budget? I haven't seen one. oilonline.com oilonline.com oilonline.com (largest in the company's history?) oilonline.com oilonline.com (Guess the price of crude 10 or 20 years from now)

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