ARCO MOVES TO SPARK U.S. ACTIVITY, SPREAD RISK

G. Alan Petzet Exploration Editor One U.S. major oil company has taken the offensive to combat tightness of drilling capital in the U.S. and the overseas flight of interest in elephant hunting. ARCO Oil & Gas Co. with substantial acreage and seismic data covering most of the U.S. Lower 48 states, is communicating with a broad audience to try to make activity happen on its properties. The company sponsored a booth in Calgary in late June at the annual convention of the American Association of

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