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

To: Tomas who wrote (45750)	6/2/1999 1:51:00 AM
From: Douglas V. Fant	Respond to of 95453

Tomas, Prompt me tomorrow- I have some excellent internal energy industry analysis of the drilling industry that I was handed today, drilling costs, and its impact upon the energy industry's drilling of wells that I will post...

To: Tomas who wrote (45750)	6/2/1999 11:42:00 AM
From: still learning	Respond to of 95453

Can anyone comment on who benefits from this: OIL: Drive to cut drilling costs - Financial Times, June 2 By Robert Corzine A drive to expand the use of finder wells, a relatively cheap alternative to conventional oil exploration wells, is to be launched next month as exploration activity in the North Sea continues to wane. The government and industry are to hold seminars in Aberdeen and London to promote the concept of finder wells, which some industry experts believe can reduce drilling costs by more than a third compared with conventional wells.