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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Douglas V. Fant who wrote (35432)1/20/1999 11:54:00 AM
From: Mike from La.  Read Replies (1) of 95453
 
Doug,
Congradulations on the interview, this is truly a class thread with folks like you and Dog and others on it.
How about asking Dog to identify the producers and services that can survive in the $12 environment. I think I read once that the majors are all producing for less than $4 per bbl, but I'm not sure. I think the basic survival trick is to distinguish between the high cost and low cost markets.

Mike from La.
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