Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: James Cherney who wrote (43941)	5/5/1999 1:12:00 AM
From: paul feldman	Respond to of 95453

CGP

To: James Cherney who wrote (43941)	5/5/1999 2:33:00 AM
From: upanddown	Read Replies (1) \| Respond to of 95453

James PZE has been a bit of a laggard but catching up. Its moved up 44% in a month. Nice move today where, for once, it outperformed the sector. I prefer going with a company with some size. It is really hard to assess the prospects and decipher the financials of some of these microcap E&Ps. The 4th qtr numbers were 50,100 barrels oil and 455.2 MMcf gas per day. Is there some kind of formula to calculate what percent of production was oil and what was gas ? TIA, John

To: James Cherney who wrote (43941)	5/5/1999 9:02:00 AM
From: James Cherney	Respond to of 95453

Slider...Diamond H...MRO has it all & on sale!!! MRO 49% Permian Basin...Brilliant jv with Ashland to create MAP, LLC with MRO holding 62% stake in downstream ops...1.6B BOE with 57% in USofA...However E&P is global...MAP operates 7 refineries...Pipeline 5500 outlets and and and exports LNG...7B cap...Enterprize value 10B and yields almost 4%...MAP looking to shave $100MM in expenses this year...I second Slider's emotion on this undervalued prime prime aquisition candidate...This opinion and $1.65 still gets you coffee at Starbucks <g>...jrc