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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Aggie who wrote (49321)8/14/1999 6:29:00 PM
From: dfloydr  Respond to of 95453
 
MEXP Drilling costs:

Hi Aggie: about 6/30 I spoke to Bill Baumgartner at MEXP. HE made a statement that they were experiencing much lower drilling costs than previously budgeted. He cited one instance that had just completed at $700,000 that had originally been budgeted at $1,200,000. I do not recall exactly what this outlay covered but we were talking about the salt dome drilling activity.


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