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

To: Gary Burton who wrote (39089)	3/6/1999 12:47:00 PM
From: SargeK	Read Replies (1) \| Respond to of 95453

I just recently bought some VTS and my mystery find is UFAB as having possibly better potential than GIFI. The laggard in my group will probably be GLM. But its debt is in the right place for the future. Their two state of the art drilling ships (already leased) will be working by this time next year, so instead of being a drag on their balance sheet ( this year) they will be bringing in profits for years to come. The same damn analysts that are down grading sector earnings near term will be singing their praises within in a year and the prices will explode. Stamina and patience are the watchwords. K

To: Gary Burton who wrote (39089)	3/6/1999 12:52:00 PM
From: Think4Yourself	Read Replies (2) \| Respond to of 95453

I have a few questions about the "mapping" companies like VTS and PGO. how many oil sites are currently mapped, but not drilled? Do the oil companies need to continue to shell out for these services during the current situation, or is there enough backlog of drilling information collected that no mapping is needed for awhile? Is "remapping" ever needed? In other words, does something about the data change over time, rendering it less useful? If anyone can address these issues, it would be appreciated!