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Gold/Mining/Energy : Ensco International Inc. (ESV)

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To: upanddown who wrote (1339)6/24/1998 7:03:00 PM
From: Douglas V. Fant  Read Replies (1) of 2005
 
John, WTI usually, but NY Spot will do too- they are close to the same range of gravity. So yes, we are getting back into "normal budget planning area".

But be aware that a number of companies are reviewing their cost structures so that they can eliminate costs and still be highly profitable on $12.00/bbl oil. That will take 12 months to attain IMO....


Sincerely,

Doug F.
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