KOB.TO - East Lost Hills & GSJB joint venture Message Board

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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture

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To: Salt'n'Peppa who wrote (3403)	7/8/1999 4:53:00 PM
From: grayhairs	Read Replies (1) of 15703

Hi S&P, <<Just 3 days ago, you were saying that we don't even need a test to comfortably estimate 2-3 TCF...>> Did I say that ?? I was either drinking (heavily !!!) or you may be misinterpreting what I actually said. Specifically which comment of mine are you referring to ?? In any event, I don't personally need any more test data to be comfortable with a 3 TCF reserve estimate which is what I happen to use for my own purposes. Unfortunately, that doesn't mean squat when it comes to the share prices of these companies. I wish I had that much buying power but I already told you that I have spent Mrs. G's cookie jar and I also found and spent the last tin can from the yard yesterday !! <gg> <<Now you seem to be playing "devil's advocate".>> Well, there's bugger all else for me to do !! MIL and SIL are gone !! It's too miserable to golf !! My bridge partner is on safari in Africa !! My day trades aren't trading !! It's too early in the day for me to be drinking !! Ms. G has gone shopping so there's no sense even thinking about popping a pill !! Oh well, I found out that you and okey still lurk here !! <gg> <<Do you not think that this well will be tied in and producing by August 31st? Surely we will have some meaningful data by September 31st.>> I very confidently guarantee you that we'll have meaningful data before we have September 31st. <gg> But, I don't know if we'll have the data before October 1st !! It is possible (but certainly an aggressive expectation) that we'll be tied in and producing by August 31st. You know just as well as I do that "chit happens" when you're drilling oil\gas wells. When you're drilling deep wells, you also know that "deep chit happens". The bottom line is that lot's can still go wrong to delay things and stretch out the timetable. Later, grayhairs

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