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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: quehubo who wrote (33305)7/3/2004 2:18:39 PM
From: Frank  Respond to of 206099
 
As TX dries out PTEN will be putting more rigs to work. They have a lot of rigs down there and the pent -up demand will show itself next couple of weeks ---PTEN has lagged the OSX and just a matter of time before increases in dayrates are more publicized --and the recognition of the leverage PTEN and NBR and GW have. Those companies buying reserves ( e.g. MHR) are going to have to increase drilling activity. Frank