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


To: The Gambler who wrote (34722)1/11/1999 12:50:00 AM
From: Douglas V. Fant  Respond to of 95453
 
Gambler- "Parker Deal Dead' (in newspaper today) "Parker Drilling Company and Superior Energy Services announced that they have jointly agreed to terminate their merger agreement in which parker was to acquire Superior in an exchange of stock.

In connection with such termination Superior has agreed to make a cash payment to Parker in settlemet of certain obligations under their merger agreement.

Superior provides oilfield tool rentals, well plug and abandonment services and other specialized products. Parker, founded in 1934, is an international provider of offshore and onland drilling services and oilfield tool rentals...."

Just a blurb in today's paper....