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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: Kerm Yerman who wrote (4151)11/16/1997 12:58:00 PM
From: Dave Fong  Respond to of 24916
 
Hello Kerm/Everyone, Oil and Gas Services

I've been a follower of this thread and yourself for a long time. I thought it would be a good idea to start a new thread for just oil and gas services. exchange2000.com



To: Kerm Yerman who wrote (4151)11/17/1997 10:24:00 PM
From: Stocker  Read Replies (1) | Respond to of 24916
 
Kerm / Upton Resources

Just when I thought I had it figured out, a new twist.

With the swap of the deep play, in my view it's hard to say whether they've made the right move. The $25 million is a lot of money and management couldn't have had too much faith in terms of their ability to drill the area. Now they'll be able to focus more on the mainstay. Still, the market really didn't like the deal. Maybe it was the blurb about 4900bpd with 5100bpd expected by yearend. The last release was much more upbeat. I think results and price upside could take longer to pan out now, given the drop in confidence. What do you think Kerm??