Calling the proposal “all sizzle and no steak,” Raymond James Energy Group echoed other analysts last week in criticizing the new royalty relief program unveiled last month by the Minerals Management Service (MMS). Analysts believe the proposed plan will not result in enough meaningful economic incentives and will do little to boost drilling or production.
Echoed
Articles from Echoed
Raymond James Says MMS Proposal ‘All Sizzle, No Steak’
Calling the proposal “all sizzle and no steak,” Raymond James Energy Group echoed other analysts in criticizing the new royalty relief program unveiled recently by the Minerals Management Service (MMS). Analysts believe the proposed plan will not result in enough meaningful economic incentives and will do little to boost drilling or production.
April 8, 2003
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