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

To: mph who wrote (9183)1/22/1998 10:45:00 AM
From: The Perfect Hedge  Read Replies (3) | Respond to of 95453
 
From SLB;
>>Chairman and Chief Executive Officer Euan Baird commented: ''The strength of the results for 1997
speak for themselves as our oilfield revenue increased much faster than the average E&P spending of
the oil companies. Our clients have budgeted a further increase in E&P spending of 10% in 1998.
However, their plans may be modified when the impact of the economic problems in Asia on oil
demand can be evaluated<<
GD



To: mph who wrote (9183)1/22/1998 10:46:00 AM
From: Lazlo Pierce  Read Replies (1) | Respond to of 95453
 
mph, from briefing.com
<<Diamond Offshore (DO) 44 13/16: Oilfield services company reports diluted earnings of $0.55 a share, 2 cents below expectations, but up from year ago $0.31 a share on revenue gain of 45.7%...

Schlumberger (SLB) 81 1/2: Oilfield services company reports diluted earnings of $0.72 a share, 4 cents below of expectations, but up from year ago $0.52 a share...>>

Dave


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