Strictly: Oil and Gas Exploration Companies Message Board

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Gold/Mining/Energy : Strictly: Oil and Gas Exploration Companies

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To: Robert T. Quasius who wrote (175)	4/24/1999 4:43:00 PM
From: Ronald J. Clark	Read Replies (1) of 318

Take a look at TMR (Meridian Resouces). This company has plenty of debt, however, two recent discoveries in Louisiana look to have doubled their reserves and vastly increased their cash flow for 1999. Take a look at Bear Stearns recent research paper (raised to buy from accumulate last Friday 4/23/99). This company has great potential having acquired last year all of Shell Oil's onshore Lousiana oil and gas properties and entered into a joint venture with Louisiana Land & Exploration to develope their vast acreage. Ron Clark

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