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

To: Frank Pembleton who wrote (90907)	5/15/2001 9:26:05 AM
From: Frank Pembleton	Respond to of 95453

Husky to decide on oil plant expansion by 2003 CALGARY, Alberta, May 14 (Reuters) - An on-again, off-again expansion of Husky Energy Inc.'s (Toronto:HSE.TO - news) big western Canadian heavy oil upgrading plant could be on again with a decision set for 2002 or 2003, Husky's chief executive said on Monday. biz.yahoo.com

To: Frank Pembleton who wrote (90907)	5/15/2001 9:52:34 AM
From: Roebear	Respond to of 95453

fpembleton, I'm REALLY glad you are posting here. I've heard of the DLR connection before but was not able to find info at the time. Haven't tried recently, but you saved me the trouble, thanks. I agree the TESCO folks are smart. I find your statements very perceptive. You've had a nice run with TESCO, as have I. I once called TESOF in a post here "the Microsoft of the Drillers", meaning that buying TESCO was like buying MrSofty before it was a household word. Probably a bit of hyperbole, but, if their casing drilling catches on, the run in this stock would be a portfolio maker! If not, the downside is you have a good solid company making a great product (top drives) in an energy hungry world. A company that has a solid balance sheet and great management. In essence, my view is it is low risk. A quick look at a weekly chart reenforces that from the TA perspective. Well, I've got to swap PC's to get back on Level II, talk to you later, Best Regards, Roebear

To: Frank Pembleton who wrote (90907)	5/19/2001 9:21:18 PM
From: Frank Pembleton	Respond to of 95453

Analyst Report On DLR Yorkton Securities 12-month target: $2.65 ---------- From Q1 (DLR on the Toronto Stock Exchange) Drillers Technology has contracted two rigs to Tesco Corporation to drill multi-well casing drilling programs in the United States. The first rig has been mobilized to Texas where it is contracted to a major U.S. producer in an extended program. The second rig is currently testing casing drilling tools and is expected to be mobilized to the U.S. prior to the end of May 2001. ---------- From Yorkton Tesco has stated publicly in the past two weeks that it expects to have another four casing drilling rigs running by year end. Wait! There's more: Tesco management has previously indicated to us that the market potential for casing drilling could be as much as $1 billion per year... ----------- Caveat: I am a Tesco shareholder, and I have been bullish on this stock for about 18 months :) I also wrote a blurb on DLR a while back, see -->> #90907 Best Regards Frank P.