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

To: Tomas who wrote (69125)	7/4/2000 1:22:51 PM
From: Fun-da-Mental#1	Respond to of 95453

"'We have only drilled one well so far and that has not been tested yet,' said a BP Amoco spokesman." -what a laugh! How can they even comment on reserve size from just one well? Fun-da-Mental

To: Tomas who wrote (69125)	7/4/2000 4:41:58 PM
From: chowder	Respond to of 95453

Regarding the Caspian's Oil Potential... Thanks for the post Tomas. According to the post that Tomas so graciously provided us, I find the last paragraph to be the most intriguing. >> Financial Times view: There are good political reasons for hyping the Kashagan oil field. << I can show a reason "NOT" to hype any oil finds politically. According to an article in a recent Oil & Gas Journal, the political impact of a major oil find in the Caspian, is likely to "accelerate" the competition between the US and Russia for control over the pipelines that are being built. Balance is what is needed in the Caspian area, not more competition between opposing political ideologies. For now, mum's the word! dabum