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


To: bw who wrote (15577)3/19/1998 7:48:00 PM
From: Teddy  Read Replies (1) | Respond to of 95453
 
Wow bw, looks like the start of those cuts in E&P that we have been hearing were going to come. <VBG>

"...Mobil significantly enhanced its position in the deepwater Gulf of Mexico and with 334 gross blocks is now in an excellent position to accelerate its exploration program in this area," said Lou Allstadt, president, Americas Exploration and Producing. "We expect to begin drilling in the deepwater near the end of the year."