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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: upanddown who wrote (49420)8/17/1999 6:55:00 PM
From: pz  Read Replies (2) of 95453
 
State of the oil business.

If what I've witnessed the last few days is any indication, then things are dramatically starting to pick up. The last few days I've had numerous companies calling out of the blue looking for drillable prospects. I haven't seen this happen in probably 2 or 3 years or more. We normally work for the same companies and don't solicit work, so calls out of the blue like this are very rare.

I'm buying back into the drillers, there are just too many indications that things are going to get much better.

Paul
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