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: Check who wrote (4143)	8/22/1999 7:56:00 AM
From: Bearcatbob	Read Replies (1) of 15703

Thread: The following is extracted from the KISMET thread. The writer indicates a significant Chevron discovery in the Point of Rocks formation. Does anyone know anything about this. If Point of Rocks proves also to be productive we have even more potential excitement: Bob The natural gas plays near Midway Peak prospect are making news everyday. Chevron (CHV:NYSE) made a big discovery in the Point of Rocks sands nearby Midway Peak Prospect. Berkley Petroleum (BKP:TSE), Hilton Petroleum (HTP:VSE), Kookaburra Resources (KOB:TSE) and partners are drilling Bellevue replacement well in a northeast field targeting huge gas reserves at depth. A recent blowout at Bellevue well #1 gives an indication of enormous reserves of hydrocarbons at depth in the San Joaquin Valley. Kismet has drilled, cased and cemented one well so far in Arkoma Basin in Oklahoma which is a home to Kinta field with 3 trillion cubic feet of gas in reserves. The results from this well should be out in 10 days. Kismet's oil and gas joint ventures are impressive with their "low risk / high reward" overtones

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