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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 (10228)4/11/2000 10:08:00 PM
From: Check  Read Replies (1) of 15703
 
Hi S&P,

<<How do your numbers measure up Check?>>

<<My volumetrics calculation, based on 10 square miles (my own assumption, others will
vary), puts us between 2-3 TCF.>>

Jesus, this is beginning to scare me. I'm actually starting to understand some of this stuff. Maybe? <gg>

Anyway, this afternoon I threw away the abacus and decided to go with a 'conservative' 250-300 BCF per section -- surprises welcome. <gg>.

So we are actually pretty close!! Now, given the geological complexity of the area, how many sections is it safe to extrapolate this over? Is the bottom portion of the reservoir likely to be more uniform than the top, where even a few hundred ft distance can mean that there is no communication between A and B?

I'm afraid I have to defer to you, my friend. What do you think they will be able to come up with - in terms of proven, probable and possible reserves - on the basis of what we get at BKP#1 and what we know from the Bellevue wells?

<<I found out that the flare permit was applied for some time ago, so we won't be waiting
on that for 28 days.
I am hoping that casing goes well and they can begin the flow test in a couple of
weeks.>>

I also heard that the testing may take place sooner than I expected. Great!! I've already put them on notice that I want the complete test results before the European Soccer Championship starts. (Don't want no silly gas well distractions when that is on.....unless it pays my ticket over there. <gg>)

Ciao and have a great evening.
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