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


To: Lee Fredrickson who wrote (50348)9/3/1999 8:28:00 AM
From: Tomas  Respond to of 95453
 
Oil company executives who've benefited from higher crude prices this year say they aren't counting on prices staying buoyant. Crude oil prices [brent] averaged $19.63 a barrel so far in the third quarter of this year. ``We are planning our business now with an average oil price over the cycle of about $15 a barrel,' said Pierre Jungels, chief executive of Enterprise Oil Plc, the U.K.'s second-biggest oil exploration company.

Bloomberg Energy, September 3



To: Lee Fredrickson who wrote (50348)9/3/1999 8:33:00 AM
From: Big Dog  Read Replies (3) | Respond to of 95453
 
Trading halted on Oslo stock exchange in Ocean Rig.

Fjord word is that the halt is related to FGI. It just may be possible that Ocean Rig will have to pay FGI a decent amount of money in relation to their dispute. Could affect FGI stock this morning.

Developing fast. (As Drudge would say)

big
atoffshore.com