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: BigBull who wrote (52061)	9/29/1999 12:09:00 PM
From: Douglas V. Fant	Read Replies (1) of 95453

Big Bull, I just learned something interesting that should make your small cap E&P's more valuable. Crude buyers here in the Permian, and San Juan Basins are as of today paying a premium of up to $2.00/bbl on sweet crudes bought at the wellhead. Yup that's right- up to $2/bbl price higher than the official posted prices..... You probably also saw that Conoco stated this morning that 3d quarter profits will be better than anticipated...

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