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: pete meyer who started this subject	2/13/2001 7:11:49 AM
From: Bearcatbob	Read Replies (1) of 15703

Dear Mr. Gray Davis, Yesterday Anadarko Petroleum announced a deal to acquire Berkley Petroleum. Berkley owns a substantial position in the new East Lost Hills natural gas play in your state. In making their announcement Anadarko said they gave little or no value to this new resource at East Lost Hills. On the basis that Anadarko places minimal value on this resource there is an opportunity for California to potentially acquire large amounts of natural gas at a minimal price. Perhaps a call to Mr. (I believe Allison) at Anadarko would enable you to quickly acquire this asset at a minimal price. Simply tell him about all of the drilling costs you will save him. If he declines your offer - please ask him to restate his valuation of the East Lost Hills play so that people considering an investment in Anadarko may be better able to evaluate yesterdays announcement. Bob PS: The above applies to any other risk taking entrepenures. There is a resource of potentially large magnitude to which the prospective owner places little value. You can save him from the burden of this asset.

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