SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Think4Yourself who wrote (51840)9/24/1999 3:11:00 PM
From: John Doyle  Read Replies (1) | Respond to of 95453
 
Regarding RRC: Talked with Jennifer Hensley at Co. and she had the following:

JV to close September 30th. ( revenues 80% gas/ 20% oil)
3Q - 80% gas Hedged at $2.14 66% oil hedged at $17.73
4Q - 50% gas hedged at $2.86 70% oil hedged at $17.93

Recent selling because one large seller. Probably mutual fund redemptions.



To: Think4Yourself who wrote (51840)9/24/1999 3:20:00 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
RIG DO NE SDC GLM RDC all $1- $1 1/2 from intra day lows...

Seeing some buying here. Initial signs of buying interest. Not enough to stop the decline in its tracks - but, very encouraging signs today... some short covering at the least.

GaryB -your cautionary EW's just has me nibbling, with some good bites - but not jumping in with both feet.

Man, I want to chase GLBL here, FLC, MDR, in driller/service and UPR RRC in E&P's.... now just nibblin away at watch list and adding bits of more mexp (no sellers at all today)... kind of like the next best think to a money market acct... for the spare change...(VBG).
==========================================================
Stock most likely to move 50% from here ????

my vote for driller/service mid-lg cap is GLBL $8-$12

E&P's.... RRC $4-$6, EEX $3 1/2 - $5.25

----------------------------------------------------------