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: Donaldm who wrote (58571)	1/15/2000 10:46:00 AM
From: BigBull	Read Replies (1) of 95453

Ex Im bank approves $100 million to PDVSA. Sounds like this money gets spent right here in the Patch. Any one know who will benefit and when? vzlanet.com bank provides PDVSA with $100 million Petr¢leos de Venezuela (PDVSA) has been approved credit guarantees worth $100 million for the purchase of U.S. oil equipment and services by U.S. Export-Import Bank. PDVSA will use the money to back oil exploration, production and refining in Venezuela and will buy from several U.S. suppliers mostly in the states of Texas and Oklahoma. Since 1993, Ex-Im Bank has given the okay to three credit guarantees involving PDVSA for a total of $465 million. ------------------------------------------------------------ About LK; don't know, don't care, to me it's all water under the bridge. Just tryin' to make a buck off Boom 2K. Gotta stay focused "like a laser beam" right now. Gotta like Wolanchuk's call for +30 oil here, though. The man just don't get no respect! <g> All just my very very humble opinion.

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