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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Tomas who wrote (15539)	12/5/2002 10:15:36 PM
From: Tomas	Read Replies (3) \| Respond to of 206099

The Future of the Oil and Gas Industry By Harry J. Longwell The new issue of World Energy Magazine worldenergysource.com

To: Tomas who wrote (15539)	12/6/2002 1:11:43 AM
From: energyplay	Respond to of 206099

Tomas - Thanks for posting the article. One key factor mentioned is the lack of good drilling prospects - many used up during the boom, and fewer new prospects developed due to the years of cost cutting. One company with lots of prospects is Devon DVN - because they bought Mitchell MND, whose extensive Barnett Shale leasing of what is essentially a blanket formation created a large inventory of prospects. What other companies are prospect rich ? They would tend to be acquisition targets commanding a high premium in Matt Simmons sceanario.

To: Tomas who wrote (15539)	12/6/2002 1:29:03 PM
From: t4texas	Read Replies (1) \| Respond to of 206099

52-53 bcf per day -- is that right number? i read the matt simmons article you posted (thank you very much), and in it he indicates that Prior to the recent ng production declines that the ng production level was 52-53 bcf/day. could someone on the board comment whether this is the widely accepted "correct" industry number? also would this xx bcf/day include all usa and canadian ng production?? thanks. by the way the simmons article is pretty good in that he shows some ng production and drilling stats from the tx railroad commission. the data is used to support his normal message, i.e., a gas crunch is coming.