Strictly: Drilling and oil-field services Message Board

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

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To: bw who wrote (8437)	1/16/1998 12:10:00 PM
From: RealMuLan	Read Replies (1) of 95453

Be careful. I think this is why: Bayard Drilling named in lawsuit Friday January 16, 11:15 am Eastern Time OKLAHOMA CITY, Jan 16 (Reuters) - Bayard Drilling Technologies Inc said Friday a class action lawsuit filed in the U.S. District Court in Oklahoma County, Okla., alleges the prospectus for the company's initial public offering contained misstatements or omissions of material facts. The company said it believes the allegations in the lawsuit are without merit and it intends to defend vigorously the claims brought against it.

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