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: stevedhu who wrote (53152)	10/18/1999 1:33:00 PM
From: The Ox	Read Replies (1) of 95453

In the SLB report it was stated that they believe the bottom for the oil services sector was put in during the 2nd qtr of this year. Now we know it takes time to return from the bottom and it won't happen overnight. Still looks good for next year and Boom 2000. We've seen crude prices more then double and now we've seen Nat Gas prices do the same. I still think it's only a matter of time before the services sector starts making big strides forward. Still love the long term aspects of this industry! Best of luck, Michael

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