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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Challo Jeregy who wrote (19001)4/14/1998 11:47:00 AM
From: HH  Read Replies (1) of 95453
 
Re GLM shelf registration. No current plans for any use.
Possibly future bond financing? Luigs say "Do not
interpret that as equity financing"

Est cash flow this year will be 600,000,000 USD
They have no cash needs.
This is just to have some flexibility.

NOT EQUITY ISSUANCE>>>

HH
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