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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: csm who wrote (9622)2/24/2003 11:26:22 PM
From: Richard Saunders  Read Replies (2) of 24898
 
Stuart - Cdn. drillers. As you already know, choices are fairly limited. Possible alternative might by ESI Ensign -- current consensus also indicates that there might be better potential share growth compared to PD Precision. Liquidity is much better with the much larger PD situation however might also be worth taking a bit closer look at some of the delays in progress with the u.s. part of that picture.

TCW Trican is probably the Canadian proxy for well services.

Field services in Canada are represented by such things as FES Flint Energy Services, MTL Mullen Transportation, BAD Badger Daylighting, PES Peak Energy Services and even the fly-guys FLY.a Cdn. Helicopters.

Drilling Services would include TEO Tesco, NQL.a NQL Drilling Tools, PSI Pason Systems and PHX Phoenix Technology.

Liquidity is an issue with many situations......... PD, ESI, TCW, FES and FLY.a are all included in the TSX 300 Composite Index.
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