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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: jim_p who wrote (22598)5/15/2003 5:52:45 PM
From: Ed Ajootian  Read Replies (1) of 206097
 
EP -- There's a rumor on Yahoo that El Paso is trying to place a $1.2 Billion junk bond offering for their production unit. If true and if successful this would be huge IMO since they have some of the best properties out there and I'm sure they have tons a gusher gas wells they could drill right now that would pay out in 3 months or less @ $5 gas, if only they had the moula.

Jim or anyone, have you heard anything about this bond deal?
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