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Gold/Mining/Energy : Transglobe Energy Cp -- Ignore unavailable to you. Want to Upgrade?


To: Donald Lickman who wrote (1393)5/4/1998 5:05:00 PM
From: Chris St Amour  Read Replies (1) | Respond to of 2826
 
Don -- Nice to hear from you. Yes, your observation is correct:

<...several US producers are shutting in production due to low oil price.>

Ross briefly mention this and that producers are in fact pulling back on new operations due to unattractive low oil prices. He did, however, mention the Madera and that re-completion efforts are continuing. Once this is accomplished it will further enhance future revenues.

Regards, Chris...