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

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To: Douglas V. Fant who wrote (39865)3/14/1999 9:49:00 AM
From: Razorbak  Read Replies (1) of 95453
 
Doug, I would fully expect companies like yours to be on the leading edge of capital budgeting processes, but in my experience, there are a lot of independent E&Ps and domestic integrated firms that still have virtually every drilling decision made by the CEO. Pretty pathetic, if you ask me, but it's still pretty prevalent in the industry.

Razor
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