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

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To: okey who wrote (3632)	7/23/1999 3:15:00 PM
From: Salt'n'Peppa	Read Replies (1) of 15703

Slightly OT: Royale Energy Makes a New Field Discovery Royale Energy Inc. (Nasdaq:ROYL) has found natural gas in a new field more than a mile west of the Dunnigan Hills field in California's Sacramento Basin. The new field was discovered after reaching total depth on Wednesday, July 21. Multiple natural gas filled sands are present, giving the potential to additional prospects in the field. Production casing has been set and the well is waiting on a pipeline. The company also set production casing on the Landberg No. 1 well in the North Willows field in the Sacramento Basin. Several potential natural gas bearing formations were encountered in both, the shallow depths of the Kione and the deeper Forbes formation. (taken from Kerm Yerman's newsletter - July 22, 1999) It's not the San Joaquin basin but nevertheless it is interesting. S&P

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