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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: rajaggs who wrote (1317)12/7/2000 9:05:17 AM
From: Tommaso  Read Replies (1) of 74559
 
Well, I have more BKP than I am really comfortable with, but I still consider that I am gambling. That Lost Hills thing may pay off big, but the gas pressures are so high that they risk ruining their access to the reservoir (as I understand it) in trying to establish a producing connection--and also they are drilling so deep that only a small-diamter pipe can go to the bottom of the bore hole. Again, I known nothing about drilling but this is what I read.

That said, I have bought a lot of the stock.
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