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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Douglas V. Fant who wrote (52242)10/1/1999 6:32:00 AM
From: Gary Burton  Read Replies (2) of 95453
 
Anybody have a hunch as what effect- if any-- the recent find by Iran offshore will have on OPEC supply? They said this week that they had discovered an elephant--How much time to market etc? Will this just extend their reserve life, keeping their quota about the same as now? Anybody have any inkling as to OPEC politics here?
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