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

To: AltLar who wrote (61108)	2/29/2000 4:01:00 PM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 95453

LarryC re: MEXP - I like RRC much, much better here but - With end of year commodity prices - MEXP will show a reserve increase & qualify for the long awaited bank refi imho... Otherwise - BOM & Amerada Hess wouldn't have waived the payments due; that's the good news... The bad news is they didn't have the cash right here, right now - ie: they are right against the wall... I think they will move nicely when the bank refi is announced and it will happen... looks cheap here imo. I am not banging the drum however - I am on RRC however; as there is much, much more info available.