Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Chris Thomas who wrote (4146)	12/2/1997 6:41:00 AM
From: Marc L. Greenberg	Read Replies (2) \| Respond to of 95453

In the most recent issue of The Economist there is a short article about Qatar, a major oil and gas producer with a pop.of 150,000 (the focus of the article is about how rich these people have/will become). I found it of interest to our thread that (1) Qatar has already been exceeding OPEC production limits for some time; (2) they have ambitious plans for the long term to develop further their oil fields; (3) when they are finished with that they will develop their substantial natural gas resources. It strikes me that this bodes well for drillers, particularly when it is considered that much of this future development depends on western drilling companies. BTW, NE has a presence in Qatar: noblecorp.com noblecorp.com MLG