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

To: Challo Jeregy who wrote (17171)	3/30/1998 11:12:00 AM
From: RealMuLan	Respond to of 95453

From Briefing.com: 11:08 ET Triton Energy Limited (OIL) 34 11/16 +1/8 (halted): Oil exploration concern hires Lehman Brothers to evaluate strategic alternatives, which may include the sell of a portion of its Thailand development area.

To: Challo Jeregy who wrote (17171)	3/30/1998 11:14:00 AM
From: Teddy	Respond to of 95453

Challo, i think they are playing a game to make it go up: Triton Energy Hires Adviser To Mull Strategic Options DALLAS (Dow Jones)--Triton Energy Ltd. (OIL) hired CIBC World Markets Lovegrove & Associates and Lehman Brothers Inc. as independent advisers to assist in studying strategic alternatives for maximizing shareholder value. The alternatives may include the sale or farmout of a portion or all of the Triton's interest in Block A-18 of the Malaysia-Thailand joint development area in the Gulf of Thailand, the sale of a portion or all of the company's interest in the Cusiana and Cupiagua oil fields in Colombia, or both. In a press release Monday, the independent oil and gas company said it plans to fully evaluate the market to determine the best way to maximize the value of these assets for shareholders. The company believes the stock market has not yet fully recognized the value of these assets. The company said it has been affected by lower oil prices and increased drilling costs, just like other exploration and production companies around the world. Because its capital is limited, the company wants to focus its resources on what its believe are the best prospects today. Triton Energy stock was halted in trading at 34 9/16, unchanged, on composite volume of 143,400 shares. Average daily volume is 470,221 shares. (Thanx to everyone that explained OEI)