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

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To: dgz who wrote (4122)8/20/1999 1:38:00 AM
From: grayhairs  Read Replies (5) of 15703
 
No, that's not quite what I'm saying.

I'm saying 200 feet of Temblor sand will contain about 200 BCF if the sand has an area of 1 section (640 acres). If the sand has an area of 4 sections, a 200 foot sand will contain about 800 BCF.

So, if you want to believe there'll be 1,900 feet of pay, then one section of that sand would contain 1.9 TCF if the sand has the same porosity and pressure, etc. So, a pool covering 4 sections of land with sand 1,900 feet thick would contain roughly 7.6 TCF.

Now, I for one do NOT expect that we'll get anything close to 1,900 feet of net pay in this well. I'm quite satisfied with just 200 feet. I'll be delighted if there's a total of 400 feet. If there's 600 feet of net pay, well my shorts will be quite wet !!

Hope that clarifies my explanation.

Later,
grayhairs
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