Strictly: Drilling and oil-field services Message Board

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

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To: upanddown who wrote (53745)	10/29/1999 5:23:00 PM
From: upanddown	Read Replies (1) of 95453

Thanks, Doug. You know a lot more about XON/MOB exploration plans than I do and I'am sure they also have big onshore/shallow projects. It just seems to me that they are moving rather slowly on deepwater projects. They may like West Africa but I can't find any currently active projects there from XON/MOB....which is another question...if W Africa is so promising why has the rig count been cut in half and so many deepwater rigs stacked? Do you expect to see a pickup in deepwater exploration activity when the merger is consummated and 2000 capex budgets become available? TIA, John

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