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

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To: grayhairs who wrote (3669)7/27/1999 6:01:00 PM
From: Steelguy  Read Replies (2) of 15703
 
grayhairs wrote:
>>>>> I offer my personal opinion that it probably is a very marginally lower risk but only because of the nature of the trap (a conventional anticline versus the more complex fold at ELH). There remains a very high risk that porosity and permeability may not have been preserved in this more simple structure. And, the presence of hydrocarbons is also still a huge question mark. <<<<<<

ya know....it is posts like this one that make it so blatently obvious that what I know about the oil and gas industry is worth a
" steaming bowl of jacksquat. "

thanks for the humbling realization grayhairs. :o)

sg
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