Strictly: Drilling and oil-field services Message Board

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

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To: Big Dog who wrote (42377)	4/16/1999 12:36:00 PM
From: upanddown	Read Replies (1) of 95453

Big Re the WSJ article on Eugene Island... The field, operated by PennzEnergy Co., is now producing 13,000 barrels a day, and probable reserves have rocketed to more than 400 million barrels from 60 million. Do you know if PZE owns all this production ? 400 million barrels ? The PZE annual report says it has about 120MB proven reserves on over 3000 oil producing properties and is this article saying they may have 400MB on one ? John

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