Trading Statement
April 30 2003 - 2:30AM
UK Regulatory
RNS Number:5313K
Hunting PLC
30 April 2003
TRADING STATEMENT TO BE MADE AT
HUNTING PLC'S ANNUAL GENERAL MEETING
WEDNESDAY, 30TH APRIL 2003
In the three months to 31st March this year, activity in Canada has been at a
record level which has compensated for the still relatively low level of rig
activity in the Gulf of Mexico.
When announcing our Preliminary Results we commented that the Oil and Gas
industry enters 2003 cautiously but with expectations that market conditions
will improve from the very difficult environment during 2002 and that if current
trends in activity continue, we anticipate an improved market environment during
this year. This remains our view though international issues and significant
changes in energy prices could impact the outturn. To-date we are in line with
our internal budgeted targets.
Enquiries:
Dennis Proctor Telephone: 020 7321 0123
Chief Executive
Dennis Clark Telephone: 020 7321 0123
Finance Director
This information is provided by RNS
The company news service from the London Stock Exchange
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