DOE, LSU TO SEEK OVERLOOKED OIL FIELDS

THE U.S. Department of Energy and Louisiana State University plan to seek oil reservoirs that may have been bypassed in earlier Gulf of Mexico exploration. LSU, in an unsolicited proposal to DOE, proposed that it reprocess existing seismic data from known Gulf of Mexico reservoirs. DOE is negotiating with LSU on a $2 million, 2 year contract. LSU wants to apply sophisticated mathematical analysis techniques to data developed for the Interior Department's Minerals Management Service in an

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