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

To: energyplay who wrote (128781)	2/22/2010 4:08:48 AM
From: elmatador	Respond to of 206089

We believe that the presence of companies such as BHP and Petrobras as farm-in partners respectively with Falkland Oil & Gas and across the Argentinean border in the Malvinas Basin to the West with Repsol, emphasise the attractiveness of the whole area," Therond added. iii.co.uk There arte some minnows going in front but the big boys will come to play soon. As you know after PBR success everyone is stimulating interest in their offshore acreage. (I wonder if they find any rig available :-) It seems unlikely that oil companies will ignore some licensing rounds. The regular US Gulf of Mexico lease auctions always attract their quota of interest, as do the Norwegian and UK licensing rounds. These are direct attempts by government to maintain E&P momentum. Australia, New Zealand and Canada are among the countries that have made noises recently about stimulating more interest in their offshore acreage, and Indonesia is busy completing a licensing round. oilonline.com