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Gold/Mining/Energy : Ensco International Inc. (ESV) -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (1015)	4/7/1998 10:21:00 AM
From: Czechsinthemail	Read Replies (1) \| Respond to of 2005

From Yahoo, apparently someone talked to ESV's IR about the Coastal story and low oil prices: >>The IR representative said that the rigs for Coastal were going to be renewed, in fact one was already renewed and the other was about to be. He said that the lower prices are actually good for the industry long term because it allows some of the underindustrialized nations to become more industrialized, i.e. create larger oil demand. This also forces countries to apply discipline in production which is also good long term.>> Baird

To: Gottfried who wrote (1015)	4/7/1998 12:48:00 PM
From: Douglas V. Fant	Respond to of 2005

Gottfried, As I have previously stated, I work for an energy concern. Over the next three years we intend to double the number of wells that we drilled in 1996-97 time period. So yes ESV might rise up and down, but the trend of drilling is upward IMO- I don't care what foolish BS Cramer posts on his Streetsmart.com. The reality is that there is a tremendous effort on worldwide to find the oil & gas resources to meet world energy and transportation demands.... Sincerely, Doug F.