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

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To: Thean who wrote (18080)4/5/1998 12:20:00 PM
From: HH  Read Replies (2) of 95453
 
Thean, thanks for the kind words. I had dinner with my friend who is
a self described bottom feeder as a oil producer whose properties
are in Louisiana. In a word , he said he was fighting WW3.
I tried to suggest that the worst was behind (as far as crude prices)
but I have never seen him so sick.
I cant help but feel for the smallish and independent producers
where there is a good bit of leverage involved because reserves
are(were?) so bankable. I had hoped that he was more involved
in nat gas.

HH
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