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

To: sportsman who wrote (77766)	11/2/2000 8:55:56 PM
From: Brian	Read Replies (1) \| Respond to of 95453

Re Texoil: sportsman - TXLI looks like a great buy to me. Other than Mr. Hoehn's selling his 407,116 shares, are there any reasons why TXLI is only valued at under $7? earnings for the third quarter ended September 30, 2000 increased 487% to $3.2 million, or $.30 per diluted share. It looks to me that when hedging is removed for the fourth quarter, earnings should be over $.40 per diluted share. Oil production totaled 271,000 Bbls, up 69% from the third quarter of 1999. The Company's average oil price was 67% higher, averaging $26.85 per Bbl, as compared to $16.11 in the same period of 1999. The average gas price was up 56% over the prior year to $3.92 per Mcf, versus to $2.51 in 1999. Brian