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Gold/Mining/Energy : Ranger Oil
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To: aknahow who wrote ()11/25/1997 11:11:00 AM
From: aknahow  Read Replies (1) of 395
 
Largest capital expenditure budget ever. see press release on web site. 285 million. 2/3 development with goal of increasing production by 40,000 bpd in 1 yr. Interesting exploration program, includes more dilling in NWT. Remains to be seen if RGO will keep shareholders informed. News which is great generated no excitement in the stock. The only thing that will move the stock is big discovery or a buyout by another party.
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