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Old 08-02-2004, 09:04 PM
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Botnst Botnst is offline
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Join Date: Jun 2003
Location: There castle.
Posts: 44,601
Invest offshore rigs. We still have stacked land rigs between here and New Iberia.

At fifty a barrel, deep drilling near-shore will become increasingly attractive and shallow drilling far offshore will aslo be increasingly viable. Also, smaller pockets that were capped will now be worth rpoducing. Also rehabing old low production fields will become more interesting. Oil field services, in other words. You know, Halliburton!

Look for speculators offering to buy your inherited interest in a non-productive field.

B
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