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Strategies & Market Trends : games trader group
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To: John Paquet who wrote (361)1/29/2000 7:37:00 PM
From: goldsnow   of 507
 
SEI (NYSE) John came across this researching Oil/SLB..Thoughts?

Kicking in during the March quarter is a joint survey being conducted in the Gulf of Mexico. The
survey is part of an alliance Seitel has with Schlumberger (NYSE:SLB - news) . Under the terms of
the agreement, work is to begin at 35 sites in the Gulf.

Schlumberger's seismic subsidiary, Geco-Prakla, will provide the personnel, and Seitel is to arrange
for funding. Ultimately the alliance could shoot up to 444 blocks in the Gulf region.

fnews.yahoo.com
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