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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: BigBull who wrote (48715)8/1/1999 9:22:00 PM
From: BigBull  Read Replies (1) of 95453
 
PDE reports: ''During the second quarter, we began to see significant results from our restructuring efforts earlier this year,'' commented Paul A. Bragg, President and Chief Executive Officer. ''Later this year, and in 2000, we will benefit from the commencement of operations of our two newly-built drillships, the Pride Africa and the Pride Angola. We are encouraged by the continuing strength of oil and gas commodity prices. If favorable commodity prices are sustained, we expect to experience increased drilling and workover activity levels over the next few quarters"

biz.yahoo.com
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