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

To: The Perfect Hedge who wrote (7856)	1/13/1998 1:43:00 PM
From: Tulvio Durand	Respond to of 95453

* PETROLEUM DEVELOPMENT closed its 1997 year-end drilling partnership fully subscribed at a record $18.5 million. The company estimates that it will drill about 100 wells during the 1Q of 1998 in Michigan, Pennsylvania and West Virginia, an increase from 84 wells in the first quarter of 1997. During 1997 the company drilled a total of 169 wells. The company owns a 20 to 40 percent interest in the wells drilled. (Reuters 05:17 PM ET 01/12/98) For the full text story, see infobeat.com