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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: isopatch who wrote (19877)10/6/2002 1:42:32 AM
From: waverider  Respond to of 36161
 
Warning...another short post.

How about WHICH OF YOUR FAVS would be on a list? Whoops, sorry...you wouldn't want to move the price of Noble Drilling up 10 points before getting your position...I know.

Hey, isn't it a kick that I slink around...

"hic"

right after you...

"hic"

blabber on and on without suggesting a anything concrete?

wr



To: isopatch who wrote (19877)11/21/2002 6:58:50 PM
From: Douglas V. Fant  Read Replies (1) | Respond to of 36161
 
isopatch, For starters note in the field of oil & gas that the BOE price for acquisition of proven reserves has fallen to $6.06 BOE, the lowest it has been in for a long while.

What that suggests to me is that E&P companies with reasonable debt and reserves should do well in the next up cycle.

Remember though that terrorism acts as a brake upon world growth to a certain degree, unlike a traditional style of war....