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

To: jim_p who wrote (64802)	4/17/2000 3:33:00 PM
From: Think4Yourself	Read Replies (3) \| Respond to of 95453

Here is what Equity Oil had to say today: biz.yahoo.com SALT LAKE CITY--(BUSINESS WIRE)--April 17, 2000-- Equity Oil Company (NASDAQ: EQTY - news) said today that higher oil prices resulted in record first quarter earnings and contributed to significant increases in first quarter revenues and cash flow. ... "Higher cash flows during the quarter enabled the Company to make further reductions in its long-term debt. Debt outstanding at March 31, 2000 was $14,000,000, down $1 million from year-end 1999 amounts, reflecting the Company's plan of using excess cash flow to aggressively manage its balance sheet."