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

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To: Crimson Ghost who wrote (42204)4/14/1999 3:50:00 PM
From: marc chatman  Read Replies (4) of 95453
 
Here's a comment from Palmer:

''Looking forward to the balance of the year, we believe that second quarter rig utilization will be up, but average day rates
likely will be lower,'' Chief Executive Officer C.R. Palmer said.

Good news or bad news?
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