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


To: Big Dog who wrote (42243)4/15/1999 9:13:00 AM
From: ldo79  Respond to of 95453
 
Could this be an indication of good things to come?

"Magnum Hunter Commits to Significant Gulf of Mexico Drilling Program

IRVING, Texas, April 15 /PRNewswire/ -- The Board of Directors of Magnum Hunter Resources, Inc. (Amex: MHR - news; ''Magnum Hunter'') announced today the approval of the Company's participation in a new drilling program in twelve (12) separate OCS blocks in the shallow water shelf area of the Gulf of Mexico. This new capital commitment would more than double the Company's 1999 drilling capital budget from $10 million to approximately $25 million."

biz.yahoo.com

Regards