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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 (3804)8/1/1999 3:22:00 PM
From: UPTICK  Read Replies (1) of 15703
 
S&P,
Whit the figures posted on Eland Jennings,and for now it does' nt really matter if KOB has 4.4625%,4.64255 or 4.912345%.Their WI in the play will make the co.... assuming the monster is there....So thank you Greyhairs for explaining and if I may ask further...
How will they know how much cubic feet there is in the reservoir? will it take one,2,or many holes to figure it out?
How much does it cost to dig a hole that deep ?
What will we learn from the next hole ? We already know there is a lot of gas of good quality in there,that it is at tremendous pressures.What has been the estimate so far in millions c.f,?
Trying to figure how much I will gamble on that play before I change my name to moonshoot as Bob suggested!!!
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