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


To: ldo79 who wrote (48470)7/27/1999 9:57:00 AM
From: Think4Yourself  Respond to of 95453
 
MRL reports (.22), with some very bad news...

Jan Rask, president and chief executive officer of Marine, said, ''Our contract rates and rig utilization continue to be negatively affected by reduced exploration and production spending. We do not anticipate that the recently improved oil and gas prices will have any significant impact on our contract rates and rig utilization until next year.''

biz.yahoo.com