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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture
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To: ogod who wrote (4848)9/15/1999 9:47:00 PM
From: grayhairs  Read Replies (2) of 15703
 
Hi ogod,

I think there is very little chance that the ELH #1R well will be produced at a sustained rate greater than 20-25 MMCF/d until the JV knows exactly where the water which was produced during the blowout was coming from.

Having said that, do NOT be surprised if during the production test they actually do produce the well at a rate of 40-50 MMCF/d for a short test period of say 4 hours. And, after the test you can expect to read a news release from one or more of the juniors stating that the well has an AOF quite a bit in excess of 100 MMCF/d, but do recognize that AOF's are relatively meaningless (except in the event of an uncontrolled blowout, of course!!).

Best regards,
grayhairs
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