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

To: bw who wrote (13932)	3/6/1998 11:19:00 AM
From: Broken_Clock	Respond to of 95453

bw- You be da man with that statement. We are seeing the (gulp!) drillers making cautious statements on near term oil. IF the lease is good on deep and mixed on shallow then that will most likely be viewed as a bummer for the OSX. The leases are mostly deep so RIG, DO, NE are the plays. Oh yeah....500 March 65 puts crossed on SLB. Can't say what the deal was since the bid/ask is 1/16 on both sides. Suspect they were buys. If SLB hits 70 then the bid should be 1/8 minimum which is a double. PK