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


To: Rainier who wrote (73659)9/18/2000 9:44:19 AM
From: jim_p  Respond to of 95453
 
Raymond James Energy Stat of the Week, published 09/18/2000.

Oil and gas producers flush with cash from the high commodity prices are aggressively acquiring lands to fuel future growth and replenish their depleted shelves. This would suggest higher levels of capital spending to come, as Canadian lease sales are one of the best leading indicators of future drilling activity. The record prices that operators are willing to pay for leases has contributed to the strongest Canadian drilling outlook we have ever had. The winners from this strong outlook will obviously be the Canadian E&P and oilservice companies. Our favorites are Strong Buy-rated Alberta Energy (AOG/$44.69), Talisman Energy (TLM/$38.81), Precision Drilling, and Ensign Resource Service Group (ESI/$24.75).

Jim



To: Rainier who wrote (73659)9/18/2000 9:49:55 AM
From: Post_Patrol  Read Replies (1) | Respond to of 95453
 
Rainier..We stand corrected...thank you,

post-patrol