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

To: RGinPG who wrote (15075)	3/17/1998 1:58:00 PM
From: Lucretius	Read Replies (1) \| Respond to of 95453

Tuesday March 17, 12:49 pm Eastern Time Company Press Release SOURCE: Unit Corporation Unit Corporation Announces Hiring of Vice President for Drilling Operations TULSA, Okla., March 17 /PRNewswire/ -- Unit Corporation (NYSE: UNT - news) announced today the hiring of a Vice President for its wholly owned subsidiary, Unit Drilling Company. James D. (Dave) Stafford has joined Unit Drilling Company as Vice President of South American Drilling Operations. Mr. Stafford's career covers 22 years in the drilling industry with ten of those years in various international management positions. He is a graduate of the University of Tulsa and is past-President of the Colombian-American Chamber of Commerce. Unit Drilling Company will be focusing on expanding its drilling market to South and Central America by moving existing rigs or acquiring additional equipment. Unit Corporation is a Tulsa-based, publicly-held energy company engaged through its subsidiaries in oil and gas exploration, production, and contract drilling. Unit's Common Stock is listed on the New York Stock Exchange under the symbol UNT. For more information about Unit Corporation, visit our website at unitcorp.com. SOURCE: Unit Corporation --------------------------------------------------------------------------------

To: RGinPG who wrote (15075)	3/17/1998 2:01:00 PM
From: The Perfect Hedge	Read Replies (1) \| Respond to of 95453

you're crazy...GD

To: RGinPG who wrote (15075)	3/17/1998 2:39:00 PM
From: upanddown	Read Replies (1) \| Respond to of 95453

Does anyone remember the scenario the last time WTI fell this low in late 1993 - early 1994 ? I assume the cause was overproduction and weak world economies. The base-building took about 2 months and then a rise to the 18 range took around 4 months. Does anyone recall whether the rise was prompted by a production cut by the big boys or simply increased demand from recovering economies ? TIA, John

To: RGinPG who wrote (15075)	3/17/1998 3:45:00 PM
From: TCGNJ	Respond to of 95453

RG, I used to be with ML, until I saw the light. All I can say is that when they downgrade----buy. TCG