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

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To: The Ox who wrote (94003)8/23/2001 1:05:14 PM
From: The Ox  Read Replies (1) of 95453
 
EEE Canadian 88 earnings
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HAL get Indonesia contract
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Stewart & Stevenson Services Reports Fiscal 2001 Second Quarter Revenue Increased 46 Percent
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Korea/US Project in Major Vietnamese Oil Find
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Unocal announces results of Ponza deepwater well
by: OilOnline
Thursday, August 23, 2001

Unocal Corp. confirmed that it concluded drilling operations at its
deepwater exploration well on the Ponza prospect in Keathley Canyon
block 774 in the Gulf of Mexico in March 2001.

Although the well reached its objectives and penetrated
hydrocarbon-bearing zones, the company said it does not appear to
hold commercial quantities of pay. The well was plugged and
abandoned; however evaluation of data from the Ponza well is
continuing. Results were not disclosed sooner for competitive reasons
related to today's OCS Lease Sale 180.
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