SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (6846)2/21/2002 10:14:15 AM
From: Frank  Read Replies (2) | Respond to of 206121
 
Tommaso--I'm betting a substantial part of my net worth that the increased production you mentioned was related to skimming off the cream with the easy to drill prospects. These companies took advantage of high prices to exploit most drillable sites, perhaps even damaging them. Now that many of these sites are rapidly depleting, the need for new prospects will become increasingly apparent. Hence, my bets on seismic (PGO/ VTS/ SEI) and sundry other areas--including compression (HC), environmental (NR),and deep land (GW). This approach will involve patience as the drama plays itself out--but I am committed to testing this hypothesis with about 65 % of my portfolio--good luck--Frank



To: Tommaso who wrote (6846)2/21/2002 10:18:11 AM
From: rz  Respond to of 206121
 
API numbers were very good yesterday. On the other hand here is a recent comment from IEA:
"...total oil industry stocks in the OECD fell by just 0.3 mb/d during the fourth quarter of 2001, significantly less than the normal seasonal drawdown."
iea.org
Judging by OSX performance, OECD is a subset of the US.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News