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

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To: Czechsinthemail who wrote (14773)3/14/1998 5:08:00 PM
From: William E Hodal  Read Replies (2) of 95453
 
9:45 PM 2/12/1998

'Sticker shock' hits Gulf oil

As prices fall, producers eye ways to cut

By HILLARY DURGIN
Copyright 1998 Houston Chronicle


Weak oil prices are casting a pall over the boom of energy activity in
the Gulf of Mexico.

In one of the first signs that the frenzy of exploration and development activity could slow, oil companies are asking their oil-field suppliers to consider cutting costs.


chron.com

Bill
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