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

To: isopatch who wrote (30297)	4/16/2003 11:29:25 AM
From: isopatch	Respond to of 36161

<US To Seek Bids For Oil Field Work In Iraq Tuesday April 15, 1:06 am ET NEW YORK (Dow Jones)--The Army Corps of Engineers will solicit competitive bids for a contract to handle emergency repairs to the oil fields in Iraq, now estimated to cost approximately $650 million, The Washington Post reports in its Tuesday edition. Before the war began, the Corps of Engineers had signed what it calls "a bridge contract" with Halliburton Co. (NYSE:HAL - News) , the second-largest provider of oil- field services, which was at one time run by Vice President Cheney, to handle firefighting and emergency repairs, the Post said. But damage to the oil fields was less severe than expected, and, with more time now, the Corps of Engineers plans to solicit competitive bids, spokesman Scott Saunders said, according to the Post.> biz.yahoo.com