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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Square_Dealings who wrote (21693)	11/12/2002 12:27:38 AM
From: Cogito Ergo Sum	Read Replies (3) \| Respond to of 36161

Those absolute numbers are very deceptive. Check the rate of decline of the fill rates against last year, the absolute fill numbers may be a big head fake at this point I'd say. Canadian wells are depleting @ 20% annually. Only the massive Ladyfern find distorted that last year and it's already reduced to a trickle of it's production (wasn't so massive after all). Far North production years away. East coast hasn't produced any more big hits..... I've got gas and it feels good ... :o) Got gold too.... regards Kastel