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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture
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To: grayhairs who wrote (3756)7/29/1999 12:02:00 PM
From: T.Bill  Read Replies (1) of 15703
 
I've been lurking here for many months now (with nothing substantive to contribute). Despite the countless informative posts, I still know precious little about O & G exploration. My outstanding question is this:

How much can we hope to learn from the 1st successful hole in terms of the total potential reserves at ELH? Or, in other words, how many holes must be drilled before we have a reasonable estimate (say in the 1 TCF to 15 TCF range) for comparison with the EJ Impact Analysis Chart?

Thanks for any guidance you can provide.
T.Bill
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