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


To: SliderOnTheBlack who wrote (55275)11/23/1999 11:07:00 AM
From: Think4Yourself  Respond to of 95453
 
I don't think OEI is much of a gamble at these prices. They had 42.7 million Cubic feet NG and 7.1 million barrels oil production last quarter. They have a large interest expense, but a $4-5 oil price change covers it, and we are likely to see another $4 increase in the next month.

When the cold front hits New York we will see prices rise.