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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: The Phoenix who wrote (53534)9/22/2000 5:04:53 PM
From: Junkyardawg  Read Replies (1) of 63513
 
Big fat oil companines know that it is the end of the high oil prices and they have milked the world out of billions.
Now they want to cash in before it all ends.

Read this.
Friday September 22, 5:01 pm Eastern Time
Triton Energy says to sell $300 mln notes
DALLAS, Sept 22 (Reuters) - Triton Energy Ltd. (NYSE:OIL - news), a Dallas-based exploration and production company, said on Friday it intends to sell $300 million of senior notes.

The company said it intends to use proceeds to refinance its $200 million of 8.75 percent senior notes maturing in 2002, as well as for capital expenses and other general corporate purposes.

Triton Energy's existing senior debt is rated ``BB-minus'' by Standard & Poor's.
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