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

To: SliderOnTheBlack who wrote (30634)	10/12/1998 2:35:00 PM
From: RGinPG	Read Replies (1) \| Respond to of 95453

VRC, GLBL, and VTS all scare me because they have not found their bottom like many others appear to have. But I hope you are right. I'm into GLBL today and maybe VRC tomorrow (I refuse to chase it up 10% today alone). I also picked up some RIG, FGII, and CXIPY all of which have more reassuring price action lately. osxstocks.com

To: SliderOnTheBlack who wrote (30634)	10/12/1998 6:40:00 PM
From: articwarrior	Respond to of 95453

Several reasons why I love TCMS: TransCoastal Wins Projects Scheduled for Completion This Year HOUSTON--(BUSINESS WIRE)--Oct. 12, 1998--TransCoastal Marine Services Inc. (Nasdaq:TCMS) has been awarded four new pipeline and fabrication contracts to be performed by year-end. In addition to these assignments, which have a combined value exceeding $8 million, the company has received letters of intent to perform work worth more than $5.5 million on other projects. "We're pleased with our progress in booking new work for the fourth quarter of 1998," said Bill E. Stallworth, chairman and chief executive of TransCoastal. "We continue to see attractive U.S. and international opportunities that would result in additional revenue for our fabrication and our pipeline and offshore divisions during this quarter and in the first half of 1999." The latest contracts awarded to TransCoastal all will be performed in the U.S. Gulf Coast region. They call for: -- Fabricating seven deck barges for Mallard Bay Drilling, a long-time customer of The Red Fox Companies, a wholly-owned subsidiary of TransCoastal. Work on that project began in August, with delivery of the final barge set for mid-December. -- Laying 16 miles of 24-inch-diameter oil pipeline for a major petrochemical pipeline company. -- Laying 7 miles of 16-inch-diameter gas pipeline for a major gas transmission company. -- Installing a pump station for a major oil company. TransCoastal Marine Services Inc., headquartered in Houston, is a marine construction company. Its Pipeline and Offshore Services division performs pipeline installation and repair, primarily in transition zone and shallow-water regions worldwide. For all water depths, the division provides additional construction support services, including hydrostatic testing and commissioning of pipelines. The Fabrication Services division fabricates, refurbishes and installs offshore drilling rigs, barge drilling rigs, production platforms and related facilities.