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Gold/Mining/Energy : Anyone following UTI Energy Corp.?
UTI 27.48-1.8%3:59 PM EST

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To: XOsDaWAY2GO who wrote (1283)6/10/1999 2:12:00 PM
From: Ronald J. Clark  Read Replies (3) of 1305
 
Per UTI's annaual report which I just received and reviewed, UTI's rigs are 85% utilized currently in drilling for natural gas. I believe the areas where their rigs are located, their expertise and the type of drilling rigs they operate, will allow them to take advantage of increased drilling for natural gas--more so than for some of the other land drillers.
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