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: SliderOnTheBlack who wrote (58215)	1/10/2000 2:56:00 PM
From: The Ox	Read Replies (1) of 95453

* Schlumberger (SLB) reported it expects to book a $63 million charge, or $0.11 per share, on continuing operations in 4Q. The charges are related to the spin-off of its offshore drilling business, the restructuring of land drilling activity, and the reduction of SLB's marine fleet. A survey of 8 analysts predicted 4Q earnings of $0.23.

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