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

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To: mph who wrote (24463)6/20/1998 5:45:00 PM
From: sand wedge  Read Replies (2) of 95453
 
heard on the course today:

an exec from a british type oil company mentioned that if oil prices stay this depressed for 6 months watch out.... while they still have 5 off shore rigs in various state of rework, all that could come to an end quickly.

ran into a few DO folks, they do NOT seem depressed.
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