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

To: Teddy who wrote (16569)3/25/1998 9:58:00 PM
From: Lazlo Pierce  Read Replies (1) | Respond to of 95453
 
Teddy, It does sound as if the "underbalanced drilling" technique IS inherently more dangerous, but it can help increase oil recovery by "up to 20% OR MORE OIL". We do know whats really important <g>. Also, sounds like you're a real big boat fan. P/E of 1 would be overpriced, huh?

Dave



To: Teddy who wrote (16569)3/26/1998 10:33:00 AM
From: JZGalt  Read Replies (1) | Respond to of 95453
 
To make matters worst, they mention TMAR in the same article. David, i don't claim to know much about this industry, but if the boats had a PE of 1 they would be overpriced.

Stick to what you know Teddy. ;-) Plenty of money to be made moving supplies to and from those rigs. TMAR is the second largest in this area with ambitions. TMAR will never have those fancy p/e's the drillers have but yr/yr comparisions from the second quarter onward should be fine.


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