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


To: BigBull who wrote (45180)5/21/1999 5:48:00 AM
From: Ray Dopkins  Respond to of 95453
 
FWIW- Audio interview with Allen Mesch, Director of Southern Methodist University's Maguire Oil and Gas Institute, notes that the oil and gas industry is "technology driven" - with much higher exploration success rates due to data acquisition and processing techniques that more accurately define reservoir limits. (start audio interview now)

audioinvestor.com

Mesch, an industry veteran with 30 years of engineering, economics, and strategic
planning experience, predicts that the oil field service sector will prosper as
companies outsource tasks to these firms, and as the service companies develop
and use technology to differentiate themselves in the market.