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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Npoggio who wrote ()2/4/1998 10:03:00 AM
From: Matthew Scott Davis  Read Replies (2) of 95453
 
Aquisition Question:
if the oil/gas drillers and service companies are making such a tremendous profit and are experiencing great income growth, why are the big oil/gas companies not considering the acquisition of these companies. this would allow them to add more rapidly growing revenues to their own and also allow them to essentially purchase the drilling and service products at cost. does this make any sense? can anyone tell me why this is not a viable alternative for the big oils?
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