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: steve kurland who wrote (7085)	1/8/1998 2:56:00 PM
From: Lazlo Pierce	Read Replies (1) \| Respond to of 95453

The dreaded upgrade from briefing.com Coverage Initiated Company Symbol Brokerage Firm Initial Recommendation: -------------------------------------------------------------------------------- Marine Drilling MDCO Spencer Clarke Buy

To: steve kurland who wrote (7085)	1/8/1998 2:58:00 PM
From: Redman	Respond to of 95453

UH OH !!!! More good news, not a good thing in this sector green Thursday January 8, 7:03 am Eastern Time Texaco sees no slow-down in exploration BEIJING, Jan 8 (Reuters) - Texaco Inc (NYSE:TX - news) sees no slow-down in its exploration activities this year despite low oil prices, the company's Senior Vice President said on Thursday. Robert Black said the U.S. oil giant's investment in upstream operations around the world, including exploration and production, would reach almost $3 billion in 1997, roughly double the 1994 level. This year, he said: ''Investment is programmed pretty much to stay at that level.'' ''Our anticipation is that prices will continue pretty much in the range that they've been at over the past two or three years in the $18-$20 a barrel range,'' he told Reuters in an interview. ''We're not forecasting or depending on a very high price projection for the future.'' Black said Texaco was expecting ''fairly flat or stable oil prices over the next five years or so.'' He added that all existing Texaco projects made econoMic sense at a $15 per barrel level. Texaco currently produced around 1.3 million barrels of oil or oil-equivalent per day and that figure would be in excess of 1.7 million barrels in 2001 or 2002, Black said.

To: steve kurland who wrote (7085)	1/8/1998 2:59:00 PM
From: The Perfect Hedge	Respond to of 95453

Kurldog- Slb reports on the 14th of Jan and many others follow EVI reports 2nd of Jan.GD

To: steve kurland who wrote (7085)	1/8/1998 5:34:00 PM
From: David Spruiell	Respond to of 95453

Earnings calender Jan 14 Wed. PKD Jan 15 Th. DO GLM MAVK RDC Jan 20 Th. EOG MDCO (IBM) March 3 UTI This is all I know of now. ADM reports today, along with AA, this may influence the trading Friday. Employment report Friday. Crude up a few cents today. Note that in the past few months the DOW has been bouncing off 7800 and back up to 8000. If the DOW goes up in the AM, it should take the oil stocks with it. This seems to be the trend, even when crude prices fall. Story on CNBC on gas prices down, crude oil futures down. "Over supply!" Go figure Long UTI David