โ Scribed by Davidson, Charles D.
No coin nor oath required. For personal study only.
Cba rles D . Da vidso n astar Resources, Inc., and other indepen-V dent companies stand at the threshold of what is expected to be a bright future in the deepwater Gulf of Mexico. It is the most promising domestic drilling trend to emerge in decades. Vastar's first deepwater production is expected to begin in the year 2000. We hope to see that initial discovery joined by others as a result of a long-term drilling program including plans for operating or participating in four to six deepwater wildcat wells per year.
. -. most promising domestic drilling trend to emerge in decades.
When Vastar was created in late 1993 and became a public company the following year, it began life with high-quality base properties in four traditional areas of operations. These were the Gulf of Mexico shelf, the Gulf Coast, Mid-Continent, and San Juan Basin onshore regions-all rich sources of natural gas. In
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