Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Big Dog who wrote (5351)	12/16/1997 11:05:00 AM
From: The Perfect Hedge	Respond to of 95453

>>FGII is rockin'.....Glen must not own any.<<My kind of humor and it's oh so true.GD

To: Big Dog who wrote (5351)	12/16/1997 11:05:00 AM
From: Lucretius	Read Replies (1) \| Respond to of 95453

the idea of gas driving drilling instead of oil could give the weaker hands something to cling to and thereby give us a catalyst to break the current downward trend. Let's hope this theory circulates and becomes accepted sooner rather than later. I hate to wait three months until finally everyone figures out that it doesn't matter whether it is oil or gas, these drillers will still be drilling for higher dayrates. Glen- you appear to be feeling better today. Good to see it. Stay healthy man. Please don't repeat the Baylor rally cry, "Sic 'em Bears." I'm getting a little tired of this continual unwarranted pounding. -Lucretius

To: Big Dog who wrote (5351)	12/16/1997 12:42:00 PM
From: Broken_Clock	Respond to of 95453

News? You want news? ''The acquisitions reflect management's continued view that the current strong operating conditions in its markets will exist into the foreseeable future,'' said Francis John, Key's chief executive. biz.yahoo.com HOUSTON, Dec. 16 /PRNewswire/ -- The Coastal Corporation (NYSE: CGP - news) announced today that an affiliate of its exploration and production subsidiary, Coastal Oil & Gas Corporation, participated in a successful bid for a Production Sharing Contract (PSC) from Pertamina, the state oil company of Indonesia, to explore for oil and gas in the East Java Sea. biz.yahoo.com Comment...looks like some one thinks they need oil in SE Asia...

To: Big Dog who wrote (5351)	12/16/1997 12:46:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 95453

More news.... Dec. 15, 1997 Precision Drilling Corp. announced an Oct. '97 three-month basic earnings of $0.75 vs. $0.37 for the same period a year ago. Six-month basic earnings of $1.34 vs. $0.63 for the same period a year ago. biz.yahoo.com HOUSTON, Dec 16 (Reuters) - Reading & Bates Corp said Tuesday Mobil Corp's (NYSE:MOB - news) Mobil North Sea Ltd unit has extended its contract for the fourth-generation semisubmersible ''Jack Bates'' for a firm period of two years or eight wells, whichever is longer. biz.yahoo.com