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: Kerm Yerman who wrote (3829)	8/2/1999 7:27:00 AM
From: Bearcatbob	Read Replies (2) of 15703

Thread, please help me out. Assuming I want to buy more of this play - with some reasonable leverage -and I do not want one of the huge risk vehicles - KOB, PYR or HTP. Someone convince me why WML is not the best bet for this. WML has a high impact well - hopefully to be announced shortly with Shell at Slave Point. From what I can see the debt in relation to production numbers are similar to ELK and the current production is almost all gas and associated liquids. Also, with the recent financings they appear to be cashed up - at least for immediate needs ie any funds before results from ELH are available. Thanks, Bob

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