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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Thean who wrote (14168)3/9/1998 12:13:00 PM
From: pz  Read Replies (1) of 95453
 
FWIW

I talked to our drilling contractor today, who is a small independent in Central Texas. He was pretty much doom and gloom. Day rates and footage rates were falling and several other local drilling contractors were stacking rigs. Not a pretty sight.

Paul
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