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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: SliderOnTheBlack who wrote (47079)6/30/1999 9:06:00 AM
From: ChanceIs  Read Replies (2) of 95453
 
Slider, BigDog - How do you rate EEX versus EPEX?

EEX sold the onshore store to strike out into the gulf. EPEX looks like they are nibbling on the "beachfront" that EEX thought was not as profitable. I received information from Patterson Energy that the typical offshore gas well is depleted about 45% in the first year. Hence their pitch for more drilling onshore.

TIA
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