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

To: drsvelte who wrote (19949)	4/22/1998 8:20:00 AM
From: sand wedge	Read Replies (3) \| Respond to of 95453

If thats true doc, its time to back the dump truck up and load up!!! OT suggested musical theme's for this thread 1) Tramps like us, baby we were born to run 2) Mama, don't let your babies grow up to be cowboys 3)cha cha cha.....chain of fools..... (good one mph)

To: drsvelte who wrote (19949)	4/22/1998 8:39:00 AM
From: Teddy	Read Replies (1) \| Respond to of 95453

FGII should be downgraded, there are more than enough rigs to drill this: Dow Jones Newswires -- April 22, 1998 Danish Govt To Issue 17 North Sea Exploration Concessions Dow Jones Newswires COPENHAGEN -- Denmark intends to issue 17 new oil and gas exploration concessions for the Danish sector of the North Sea, Svend Auken, minister of the environment and energy, said in a statement Wednesday. The concessions cover an area of 6,341 square kilometers in the western section of the North sea, or about half of the entire area tendered by the state in this fifth concession round. The fourth round, in which a total of nine concessions were granted, took place in 1995. 'The high level of interest in this round and the fact that so many applications could be fulfilled is very satisfactory,' Auken said. The energy minister expects a formal signing of the concessions to take place in June, allowing the exploration work to get underway during the summer. The work program covered by the concessions includes 13 exploration drillings - which the companies are obliged to drill - and an additional eight which may also be undertaken. Further, the concession-holders will be obliged to carry out a series of seismic and geological investigations. The 17 concessions which the energy minister expects to issue are as follows: 2 concessions operated by Clam Petroleum B.V. 1 operated by Marathon Petroleum Denmark, Ltd. 3 operated by Phillips Petroleum Intl. Corp. Denmark 1 jointly operated by Enterprise Oil Denmark Ltd. Danish Branch and Dansk Operatorselskab i-s 1 operated by Kerr-McGee Denmark Ltd. 2 operated by Agip Denmark B.V. 2 operated by Amerada Hess A/S 1 operated by Brabant Petroleum Limited 3 operated by Maersk Olie og Gas AS 1 operated by Operatorselskab i-s All 17 concessions are joint ventures comprising between two and four companies.