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


To: Wowzer who wrote (51992)9/28/1999 11:51:00 AM
From: Think4Yourself  Respond to of 95453
 
Iran Makes Biggest Oil Discovery for 35 Years (Update1)

quote.bloomberg.com

Tehran, Sept. 28 (Bloomberg) -- Iran, the world's fourth-
largest oil producer, said it made its biggest oil find in more
than three decades, boosting reserves by as much as a quarter.

The oil field, to be known as Azadegan, has reserves of at
least 26 billion barrels and lies close to the city of Ahwaz in
the southwestern Khuzestan province, the official IRNA news
agency reported. If proven, a field that size would contain more
oil than all the known reserves in China or more than 80 percent
of those in the U.S.

...



To: Wowzer who wrote (51992)9/28/1999 12:03:00 PM
From: gpphantom  Read Replies (1) | Respond to of 95453
 
Your right, who'da thunk it? Looks to me like there is a sale going on in the patch. I added some RIG today at 29 7/8 and have my eye on SDC and RDC. I'm keeping some powder dry just in case we get a blue light special.



To: Wowzer who wrote (51992)9/28/1999 1:41:00 PM
From: gpphantom  Read Replies (1) | Respond to of 95453
 
SDC hit 20 1/8