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

To: SliderOnTheBlack who wrote (45209)	5/21/1999 11:59:00 AM
From: Arktic	Read Replies (1) \| Respond to of 95453

biz.yahoo.com I've had some TYK (VSE) shares tucked away for a while. Have not looked at DKIN (BB). TYK is a Lundin company. Anybody have any thoughts regarding the Egyptian concession, economic merits of TYK vs. DKIN??? Paul L. Craig

To: SliderOnTheBlack who wrote (45209)	5/21/1999 12:19:00 PM
From: The Ox	Read Replies (3) \| Respond to of 95453

Formal MRL news on the recent offering: Subj: Marine Drilling Companies, Inc. Announces Stock Offering Date: 5/21/99 10:09:51 AM Central Daylight Time From: AOL News BCC: BMFSMHH Marine Drilling Companies, Inc. Announces Stock Offering SUGAR LAND, Texas, May 21 /PRNewswire/ -- Marine Drilling Companies, Inc. (NYSE: MRL) today announced the offering of 4,600,000 shares of its common stock in an underwritten offering at a price of $12.50 per share. The company has also granted the underwriters an option, which is exercisable for 30 days, to purchase up to an additional 400,000 shares to cover over allotments. Salomon Smith Barney is the lead manager for the offering. Additional underwriters include Credit Suisse First Boston and ABN AMRO Rothschild. The company expects closing to occur on May 26, 1999. The net proceeds from the offering will be used to fund construction costs of the MARINE 500 and the MARINE 700, the company's two semi-submersible rigs. Marine Drilling Companies, Inc. is an offshore drilling contractor with a fleet of 17 offshore drilling rigs consisting of 15 jackups, one of which is currently configured as an accommodation unit and two semi-submersibles located in the U.S. Gulf of Mexico and internationally. The Company also operates one semi -- submersible rig pursuant to a bareboat charter. This announcement is neither an offer to sell nor a solicitation of an offer to buy the securities. The offer is made only by the prospectus. Copies of the prospectus are available from Salomon Smith Barney, 390 Greenwich Street, Third Floor, New York, New York 10013, or from the offices of the other underwriters. SOURCE Marine Drilling Companies, Inc. CO: Marine Drilling Companies, Inc. ST: Texas IN: OIL SU: OFR 05/21/99 11:09 EDT prnewswire.com