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: Captain James T. Kirk who wrote (44761)	5/14/1999 1:02:00 PM
From: Think4Yourself	Read Replies (1) \| Respond to of 95453

I found this sentence in the article you posted to be very interesting. Suggests supply STILL being cut even deeper well into June. Given the 2 month tanker lag and SA/others having to finish contract shipping requirements in April, things are going to get VERY interesting soon!! API numbers will be SLAMMED in August. ------- Meanwhile, the June loading program for Norway's Oseberg crude oil schedules the equivalent of 17 standard-sized 500,000 barrel cargoes to load, down 45% on May loadings, according to an equity holder in Oseberg.

To: Captain James T. Kirk who wrote (44761)	5/14/1999 1:10:00 PM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

news like this is...slowly; making a believer out of me again. << Meanwhile, the June loading program for Norway's Oseberg crude oil schedules the equivalent of 17 standard-sized 500,000 barrel cargoes to load, down 45% on May loadings, according to an equity holder in Oseberg.>> I took the ''Missourian'' - SHOW ME attitude; and damn if OPEC et al isn't showing me... the above along with Yammanni's turn to being bullish; shouldn't be ignored.... also , these rumblings from down under of an activity crush, ready to burst at the seams... has to be taken into consideration.... If OPEC complies 85% in the June release - BAMM ! If not - we retrace a bit.... I am starting to lean to the ''BAMM" scenario <VBG>. I am NOT buying/chasing leaders like HAL CAM SII DO here, but buying value, buying dips and still loading in Nat Gas E&P's.... ...loading on HLX - see a 40% freebie to $7 again.... hmmm; .92 of book value and only an unbelieveable .16 x sales ! If these guys can control costs/time over runs and increase margins, gain some pricing power - that industry value leading multiple of sales will be a catalyst to making this a $12 then $16-20+ stock again... If we ''are'' entering a 2-3-5 year Bull run/expansion in the Energy world; this is one of the most undervalued stocks - period.