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

To: Harold S. who wrote (18571)	4/9/1998 9:05:00 AM
From: stevedhu	Respond to of 95453

Harold, I hope it runs the stock up so I can sell the calls I bought last week, it would be a nice turn. Steve

To: Harold S. who wrote (18571)	4/9/1998 9:22:00 AM
From: R. Murphey	Read Replies (1) \| Respond to of 95453

RE: Peterson Drilling Acquisition The good news is that 100% of their rigs are operating. If UTI is similarly utilized, great. Taking the article wording at face value, the net cost was $17.1 million. Based on the $6 mil cash flow, Peterson operations, alone, pay for the deal in 3 years. Not too bad.