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: Tulvio Durand who wrote (20914)	4/30/1998 10:23:00 PM
From: Czechsinthemail	Read Replies (1) of 95453

Tulvio, Actually I'm leaning toward shallow drillers because of the valuations, but I'm keeping some powder dry to be able to buy more should they decline from here. I think further decline is possible so long as concerns about low oil prices are present. At this point I'm staying away from the land drillers. They may work out very well, but I'm more comfortable with the supply/demand picture for offshore drillers. I think the deep drillers are a good bet, but comparatively high priced. Baird

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