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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF) -- Ignore unavailable to you. Want to Upgrade?

To: David Wolfson who wrote (9082)9/1/1998 3:17:00 PM
From: Link Lady  Respond to of 9164
 

Crude oilprices higher
on speculation of lower
output out of Gulf of Mexico
if tropical storm Earl
becomes hurricane Earl.

Talisman Energy
24.40, Up 1.30
Up 5.6% (TSE)
545,265 Shares
(TLM)



To: David Wolfson who wrote (9082)9/2/1998 4:43:00 AM
From: Edward M. Zettlemoyer  Read Replies (1) | Respond to of 9164
 
David, once the deal is finalized Arakis shareholders will become Talisman shareholders at a 10-1 ratio. At that time Arakis trading will halt for good. As far as price, judging by the last couple trading days I would say that it looks like investors are getting over their shell shock. Ed


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