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Hunting Gibson: Undervalued Oil Service Play?

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jakleeds - Tue, 20 Dec 05 :

Can see why the ESOT were have been filling their boots lately


RNS Number:8940V
Hunting PLC
20 December 2005


20th December 2005

Hunting PLC
("Hunting", the "Company")

Pre-close trading update


Hunting's results for the full year to 31 December 2005 will be announced on 2
March 2006.

Dennis Proctor, Hunting's Chief Executive, said: "Current trading is strong. Our
results will be ahead of current market expectations and with strong commodity
prices, a healthy order book and production backlog, we expect the momentum to
continue in 2006. With forecast demand rising combined with Oil and Gas
Companies' budgeting significant E & P increases, Hunting is well positioned to
benefit from its broad product and service assets."


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