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

To: Broken_Clock who wrote (22848)	5/26/1998 5:48:00 PM
From: A. Fineigler	Respond to of 95453

Hi PK, Couldn't agree more - OPEC put the kibosh on oil prices when they increased output in the face of a major economic slowdown in Asia. Idiots. AF

To: Broken_Clock who wrote (22848)	5/26/1998 6:33:00 PM
From: Teddy	Read Replies (1) \| Respond to of 95453

NEWS snip from Offshore Data: Guess everyone forgot about this, since oil is almost worthless, there are no bidders 15. LOUISIANA: Bids are due June 10 for Louisiana's June Lease Sale. The sale includes all or portions of 32 offshore blocks in the West Cameron, Eugene Island, South Timbalier and Bay Marchand areas. Bids are due July 7 for acreage available in the state's July Lease Sale. The sale includes all or portions of 26 offshore tracts in the Sabine Pass, West Cameron, Eugene Island, Ship Shoal and West Delta areas. Louisiana awarded exploration rights to portions of 13 blocks in its April Lease Sale. Cheniere Energy was high bidder on portions of West Cameron Blocks 16 and 49; I.P. Petroleum was high bidder on portions of Sabine Pass Blocks 2, 3,and 4, and West Cameron Block 49; Seneca Resources was high bidder on a portion of Sabine Pass Block 4; Zydeco Exploration was high bidder on a portion of West Cameron Block 13; SKH Energy was high bidder on a portion of East Cameron Block 17; Alpha Land Services was high bidder on a portion of West Delta Blocks 1, 12 and 13; and LL&E and Texas Meridian teamed to place the high bid on a portion of East Cameron Block 18.