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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: diana g who wrote (80222)11/28/2000 3:51:10 PM
From: Big Dog  Read Replies (2) of 95453
 
From DRW today:
* New federal royalty relief for drilling deep wells on the Gulf of Mexico
shelf should provide a boost to long-term activity and several oilfield
service and drilling stocks.
*The economic incentives should be unveiled tomorrow in the March 2001 lease
documents, causing a near-term catalyst to the sector.
*Shelf drillers such as GLM, RDC, ESV, NE and others should benefit along
with service companies such as OSCA, BJS, TDW, VTS and others.
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