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

To: Aggie who wrote (41883)	4/9/1999 12:39:00 AM
From: Lee Fredrickson	Respond to of 95453

Aggie, Good to hear you've made it back from the SW Pacific in what sounds like one piece. Your stock questions. I'm too broke to buy a pair of shoelaces right now, but if that weren't the case, I'd be looking at CLB. Don't they do more than just seismic, including core analysis and other well and field 'recovery maximizing' processes? Seems like a good field at a time when cost reduction is at a premium. Plus, your description of their reputation in the industry is great to hear. FLC looks like a bargain if you can handle owning a healthy chunk of debt at a time when crude prices could break either way in the short term. (I've always thought of them as 'my' no. 3 driller, behind RIG and DO. (1 & 2, respectively). How the hell was your Indonesian experience? Dodge any shrapnel, see any pirates? What did it feel like down there from a political and economic perspective? Any 'recovery' (read increasing crude demand in the air?) Suharto's successor holding things together? And sea stories....tell us some sea stories! The farther-fetched the better! Glad to hear you're back in these parts. Lee