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 Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: schrodingers_cat who wrote (78956)1/29/2007 4:27:56 AM
From: energyplayRead Replies (2) of 178721
 
Caspian is not looking as good as it was expect about 7 years ago, when BP and everyone thought there was a massive blanket formation running from the middle of the Caspian to shore. Now it is known the deposits are spotty, not a blanket.

Offshore West Africa, from Angola to almost Morroco, is seeing considerable activity.

Offshore Viet Nam is having good resutls, with some 10,000 barell a day wells.

Yemen has some good results. Yemen is in OPEC, but has a growing population and not much other business.

Cantarell may be falling much faster than the North Sea did.
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