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

To: Tomas who wrote (20048)	3/11/2003 9:37:59 AM
From: Tomas	Respond to of 206181

Rowan's Palmer Discusses Oil and Natural Gas Drilling Houston, March 10 (Bloomberg) -- Robert Palmer, chief executive of Rowan Cos., talks with Bloomberg's Brian Sullivan via satellite about the outlook for the oil and natural gas drilling industry and the status of natural gas resources. Rowan drills on contract for oil and natural gas producers. Palmer plans to retire as chief executive officer May 1. 00:51 Outlook for Rowan after Palmer retires 01:09 What is the future of oil and natural gas drilling? 01:21 Natural gas sources in North America; drilling costs 01:39 Outlook for gas prices; possible industry consolidation Running time 5:00 Listen: media5.bloomberg.com:443/cgi-bin/getavfile.cgi?A=23104421

To: Tomas who wrote (20048)	3/11/2003 11:48:43 AM
From: russwinter	Read Replies (1) \| Respond to of 206181

<Rowan's Palmer Says U.S. Headed for `Wreck' Over Gas Shortage> This old boy has a straightforward message for the TOHOEs out there. - Far more gas trading on paper than is being produced. - 100% of US productive capacity needs to be put to work to avoid running out of gas next winter. When asked where major sources of gas comes from he indicated: MacKenzie Delta and Alaska: needs to have pipelines built, he asks rhetorically if that's happening and when? Rocky Mt: Off limits because of federal lease moratorium, again asked rhetorically if that's quickly being changed? Leaves for this season, the deep water basin of GOM, greater than 15,000'. Felt it could and likely will happen, although probably way to late to avert train wreck.