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

To: Frank who wrote (71584)	8/24/2000 11:29:11 AM
From: BigBull	Read Replies (1) \| Respond to of 95453

Indonesia: slb.com Oil industry sources said Indonesia's biggest oil contractor, PT Caltex Pacific Indonesia, currently faced problems with some of their oil reservoirs and production was declining to around 707,000 bpd from an average target of 740,000 bpd in 2000. "We have a problem with the reservoirs. They contain much water, not crude. However, we will do our utmost to increase production as we can," one source at Caltex said.

To: Frank who wrote (71584)	8/24/2000 11:42:50 AM
From: jim_p	Read Replies (1) \| Respond to of 95453

Changes in earnings estimates for 2000 since last week: Revised upward: MDR $.14 up .04 TDW $1.21 up .01 RDC $.74 up .01 NE $1.20 UP .02 RIG $.80 UP .01 SII $1.37 UP .01 PKD $(.49) UP .01 Revised down: OII $.64 DOWN .01 PGO $ .72 DOWN .01 PDE $ (.05) DOWN .01 NR $.18 DOWN .01 GLBL $(.04) DOWN .02 UTI $ .50 DOWN .01 DO $.52 DOWN .01 Seven up and seven down. Changes in earnings estimates for 2001 since last week: Revised upward: GLM $2.02 UP .02 VRC $.76 UP .76 DO $1.56 UP .01 BJS $2.29 UP .01 VTS $.81 UP .01 WFT $1.49 UP .02 HAL $1.55 UP .02 BHI $1.09 UP .01 NE $2.00 UP .02 Revised down: MRL $1.52 DOWN .01 GLBL $.51 DOWN .01 UTI $1.80 DOWN .04 RIG $2.11 DOWN .03 SLB $1.89 DOWN .01 Nine up and five down. Jim