EXPLORERS USA 2005: Spinnaker holds own against bigger rivalsSmall independent helped pioneer drilling on Gulf shelf; now focusing on deepwater prospects, has seismic over 48 million acres Ray Tyson Petroleum News Houston Correspondent
Spinnaker Exploration, a small independent that helped pioneer deep-gas drilling in the shallow waters of the Gulf of Mexico’s continental shelf, has shifted its focus to the deeper waters of the Gulf, a seemingly risky maneuver for a company whose financial standing pales in comparison to most of i....
[additional news subjects in this story]
Shelf spending down Ultra-deepwater Gulf also of interest Heavy exploration investor
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