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

To: Douglas V. Fant who wrote (62008)	3/12/2000 5:02:00 PM
From: barrcuda	Read Replies (1) \| Respond to of 95453

This Saturday on KOB radio in Albuquerque there was a one minute blurb on business in New Mexico. One of the statements made was that requests for oil drilling permits was up to 25 a week. I'm hanging on to all of my Service stocks. Of course, I'm not a day trader. Just not enough grey matter.

To: Douglas V. Fant who wrote (62008)	3/12/2000 6:29:00 PM
From: Ditchdigger	Read Replies (1) \| Respond to of 95453

Hello Doug,,looking for a bit of help from anyone in the bidness...I am trying to find out the oil and gas production numbers for International Paper (IP)...I've scanned their filings, with no luck...any ideas? I know they produce out of the Gulf coast,Gulf of M and west Texas...any help would be greatly appreciated..Trying to determine how much of their energy costs are offset by their own production...TIA,DD This is about all the info I've been able to find "Our PETROLEUM AND MINERALS division manages mineral resources on company land and develops oil and gas reserves in West Texas, the Gulf Coast and the Gulf of Mexico" ... "Chemicals and Petroleum, which includes results from our approximately 68% owned subsidiary, Bush Boake Allen, reported 1999 third-quarter net sales of $370 million which were slightly higher than the $360 million in the previous quarter and even with the 1998 third-quarter. Operating profit of $38 million in the current quarter is 36% higher than the previous quarter with all of the businesses included in this segment showing an improvement. Earnings of our Chemical businesses increased as a result of higher shipments of upgraded resins and strong Asian demand. Results were further improved by an average increase of 27% in oil and gas prices and a 10% increase in demand for chemical specialty pulp. Operating profit in the 1998 third-quarter was $34 million." investor.internationalpaper.com 10kwizard.com