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

To: Jane4IceCream who wrote (94303)	10/23/2001 5:00:35 PM
From: ron peterson	Read Replies (1) \| Respond to of 95453

GLBL Two words-Buy it Check out their back log of work No slow down on the bigs boys spending. NEW YORK, Oct 23 (Reuters) - Exxon Mobil (NYSE:XOM - news), the world's largest publicly traded oil company, said on Tuesday itexpects to increase capital spending by 10 percent next year, with the bulk of the rise in exploration and production. ``The trend is clearly up,'' Peter Townsend, vice president of investor relations, said in a conference call Tuesday. Upstream 2001 capital expenditures should end up near the $9 billion targeted, Townsend said. JMHO Ron