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

To: IndioBlues who wrote (43130)4/23/1999 1:49:00 PM
From: William JH  Respond to of 95453
 
I follow/own several E & P companies, and they all, at least to hear them tell it, are focusing of debt reduction.

UPR, for example, the most active driller in the U.S., had debt of $4 billion before they sold their mid-stream operations to Duke Power.
XTO and PXD are also intent of reducing their enormous debt load.

Don't know how it will play out with OSX, just passing along this thought.



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