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

To: Evolution who wrote (63597)	3/31/2000 5:32:00 PM
From: BigBull	Respond to of 95453

P is going great guns in the Bohai Bay ------------------------------------------------------------ slb.com Phillips' large acreage position in Block 11/05 provides the company with significant additional exploration opportunities in an underexplored area of a prolific oil province, the company noted. "Based on encouraging results in Peng Lai 19-3, we have developed an exploration programme on other unexplored features in this block, with a minimum of four wells planned in 2000," said Hedrick. "Further, with three discoveries and several large additional prospects identified, we're very optimistic about the potential of the block." ------------------------------------------------------------ Didn't P sign PGO up to do seismic work for them in Bohai Bay? China and PGO? Nice. P is my favorite major. The guys who found Ekofisk may be doing it again.