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Re: None

Thursday, 12/02/2010 1:34:14 PM

Thursday, December 02, 2010 1:34:14 PM

Post# of 361923
What do you expect to happen to your production levels over the
next year?
Approximately 77% of the Exploration & Production companies anticipate
a moderate increase in production which is in-line with their predictions of
the change in oil prices over the same period. The increase in production is
related to an increase in expected demand. These factors seem to indicate
that our respondents are hopeful that the world economy is recovering and
expected to continue to expand in the next year.