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: SliderOnTheBlack who wrote (25408)	7/9/1998 8:28:00 PM
From: PuddleGlum	Read Replies (2) of 95453

Slider- One related note to what I posted earlier on XTO... An e&p company (which shall go nameless) has scaled back its drilling plans recently and is instead acquiring producing properties because they're selling for a song and music is much cheaper than drill bits. Yes, there is a dark side to the XTO story, and that is that the e&p companies may present a better value than the drillers ... for now, at least. No!! No!! Please don't banish me from the thread for that statement! pg

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