SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Frank who wrote (21587)4/14/2003 9:15:08 AM
From: Ed Ajootian  Read Replies (2) of 206298
 
"Prices should remain high enough to justify significantly higher levels of exploration for the rest of the year. The peak number of rigs exploring for gas may be a little short of the peak following the price spike two years ago. However we expect the overall number of wells drilled to be similar. Unlike the situation in the summer of 2001 there are more serviceable rigs and crews available to man them. This indicates that the drilling response to prices will be faster than two years ago when the lag between the peak price and the peak in drilling was almost a year."

From last week's Energy Economist comments, from wrtg.com.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News