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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Tomas who wrote (48025)7/15/1999 10:49:00 AM
From: Douglas V. Fant  Read Replies (1) of 95453
 
Tomas, Most E&P companies internally distinguish between costs and capital expenditures. Mergers will indeed help cut admin costs. However if anything this should allow companies to throw more dollars into capital expenditures- i.e., drilling wells.

Now well service activities- are they expenses or capital expenditures? Heck, I am not sure- any accountants out there???
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