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


To: Big Dog who wrote (65067)4/21/2000 2:08:00 PM
From: Aggie  Read Replies (2) | Respond to of 95453
 
Big Dog, hello,

It looks as if things are heating up with OKIOC. There is word of cautious smiles among the operator's privy few (ultra-tight hole status) as well as the beginnings of posturing at high levels and the appearance of foreign heavyweights on the scene....

slb.com
slb.com
slb.com

The prize is the multi-billion barrel structures which, up until now, have been untested.

The impact for Parker will probably be muted - they are pretty far in the hole with this rig, with the enormous modification costs they incurred.

However, reading between the lines, I would think that the Caspian in general will be a busy place in the coming year. Look for increased new coverage on the subject of pipelines, both under construction and proposed.

Regards and Happy Easter to all,

Aggie