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


To: bw who wrote (5552)12/17/1997 6:32:00 PM
From: Flan  Read Replies (1) | Respond to of 95453
 
Well I guess I should have read this before I asked about Land Drillers. The story remains the same
oilonline.com

Anyone have any thoughts on KEG - Looks pretty good to me!!! Wish this uncertainty would pass in this sector.



To: bw who wrote (5552)12/17/1997 10:39:00 PM
From: Daniel M. Whipple  Respond to of 95453
 
bw,

Looks pretty strong to me. Someone posted last week his feelings that the drillers are not out to give the oil companies a break on the day rates, which I agree. Made me think a moment about all these releases that the oil companies are going to spend in 1998. Do you think that they would say "Hay drillers, we are spending whatever to get these leases drilled." I have a feeling that these $$$ being reported are conservative figures of what the oils are really willing to spend. They are not going to show all their cards. Just my opinion.

LOL
Daniel