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

To: Sunny who wrote (50475)	9/6/1999 5:28:00 PM
From: Douglas V. Fant	Read Replies (1) \| Respond to of 95453

Sunny, demand for NG is being driven by a number of factors, none of which will disappear over the short-term- clean air rules, efficiency of burning (a nearly pure methane stream), and ease or transport of electrical energy generated therefrom. So look for demand to remain strong... As to balance sheets and drilling activities, drilling has already picked up a healthy bit onshore over the last few weeks it appears. Things move more slowly offshore because of a more extended permitting process...