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

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To: BigBull who wrote (57525)12/30/1999 1:35:00 PM
From: BigBull  Read Replies (1) of 95453
 
Yet another deep water discovery by XOM off the shores of Angola. Hmmm. Maybe, just maybe those, licences in the GOM didn't get bid because there are sooooooooooo many rich opportunities elsewhere.

biz.yahoo.com

"Including Block 17, ExxonMobil affiliates have to date participated in 15 key announced deepwater discoveries offshore West Africa. Block 17 represents a world-class development opportunity with recoverable reserves potential in excess of 3.5 billion oil equivalent barrels."
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