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: Think4Yourself who wrote (51840)	9/24/1999 3:11:00 PM
From: John Doyle	Read Replies (1) of 95453

Regarding RRC: Talked with Jennifer Hensley at Co. and she had the following: JV to close September 30th. ( revenues 80% gas/ 20% oil) 3Q - 80% gas Hedged at $2.14 66% oil hedged at $17.73 4Q - 50% gas hedged at $2.86 70% oil hedged at $17.93 Recent selling because one large seller. Probably mutual fund redemptions.

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