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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: upanddown who wrote (46576)	6/17/1999 1:09:00 PM
From: marc chatman	Read Replies (1) \| Respond to of 95453

<<Don't understand why FLC has the Henry Goodrich. I have that as part of RIG's fleet working in the North Sea for 120 - 125K.>> Henry Goodrich is part of FLC's fleet -- you can find it on their website. It's a 4th generation semi-sub. Those have typically rented out for much more, but this one can only drill in depths of up to 2000 ft., which seems to me to be pretty shallow for a 4th generation. I don't know offhand how much it commanded in its last contract. rbfalcon.com

To: upanddown who wrote (46576)	6/17/1999 3:32:00 PM
From: Crimson Ghost	Read Replies (2) \| Respond to of 95453

Good but not spectacular rebound in OSX today. Action could be better, but could be a whole lot worse. On balance still looks like considerably more upside before before a sustained correction. Investors gush over oil service stocks By Debra McGarry, CBS MarketWatch Last Update: 1:45 PM ET Jun 17, 1999 Movers & Shakers Movers & Shakers • Stock Discussion • Sector Indexes • Market Snapshot NEW YORK (CBS.MW) -- Oil service stocks rebounded 1.6 percent Thursday after investors shrugged off Wednesday's bearish response to an American Petroleum Institute report that showed crude supplies at their highest levels in two months. The Philadelphia Oil Service Index ($OSX: news, msgs) gained, led by Baker Hughes (BHI: news, msgs), which advanced 1/2 to 34 1/16 and Tidewater (TDW: news, msgs), up 11/16, or 2.5 percent, to 28 1/4. Crude stocks saw a big supply rise of 4.365 million barrels, which brought supplies to 337.3 million -- their highest level since April. July crude oil rose 10 cents to $18.04 a barrel after soaring to $18.72 yesterday. See Futures Movers. "The bearish API report was too much for the market Wednesday and now the market is recovering," said Phil Flynn vice president and senior market analyst at Alaron Trading. Iraq's break? Also, a joint British-Dutch proposal to lift all U.N. sanctions against Iraq was submitted Wednesday, which initially brought crude oil prices lower. The plan could lead to the suspension of the oil embargo against Iraq. Russia believes the plan is unrealistic while the United States backs the deal. Other components in the petroleum sector gained: Halliburton (HAL: news, msgs) rose 1 3/16 to 46 15/16; Smith International (SII: news, msgs) climbed 1 13/16 to 46 1/8; and Transocean Offshore (RIG: news, msgs) shares added 11/16 to 27 1/16. Debra McGarry is a reporter for CBS MarketWatch. Printer friendly format For more breaking news, visit our Front Page. Also, search our news archives: Ticker Keyword (For more options use our Advanced Search) CBSMW MarketPlace Personal Finance : • 3.9% APR! 5% Cash Back. Get the e-Card Platinum Visa • Let the Loan arRanger find you the best rates. Visit our Loan Center. New! • Finding your dream car has never been easier. Visit our Car Club. New! • Get a free copy of your Credit Report online. New! • Attention late filers! Fast, simple online filing from SecureTax.com Investing: • The Direct Investor Center, the premier place for direct stock investing. • Access over 250,000 investment research reports. Free membership! • CBS MarketWatch LIVE:real-time equity quotes and news over the Internet. How to Spend it! • Put your market gains to work at the Online Golf Superstore. New! • Explore The Good Life with Cigar Aficionado and Wine Spectator. News Front Page • News Index • Headlines • NewsGuide • Search • Newsroom Staff Data & Tools Market Data • Market Monitor • Charting • Portfolios • Discussion • Trading Center Topics Mutual Funds • Personal Finance Company Company Information • Advertising • Media Kit • Feedback • Jobs • Site Map Services MarketWatch RT • MarketWatch Live © 1997-1999 MarketWatch.com, Inc. All rights reserved. Disclaimer. CBS and the CBS "eye device" are registered trademarks of CBS Inc. Back to Yahoo!