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: Robert Floyd who wrote (13027)	2/26/1998 8:00:00 PM
From: Big Dog	of 95453

Report from the front. I have a couple of items to report that will have to be vague...sorry about that, but take it for whatever it's worth...if anything. There is a rumor of a high level NYSE drilling company exec that may be leaving his company to pursue other opportunities. No confirmation yet of this. My speculation is that he (maybe along with a couple other "hands") may branch out and start a new oil service company...maybe via acquisition. Just speculation and not based on ANY facts. Also, there will liklely be an announcement on Friday or Monday that has the potential to temporarily depress the drillers...depending on the spin put on the announcement. If the spin is good, which I expect it will be, it may have zero effect -- and could even be a positive for this driller. Sorry I can't say any more on this. That's about it for today.

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