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	2/4/2002 12:20:37 PM
From: Hopsalong	Read Replies (1) of 15703

Small update I know a lot of us are skittish again about the technical problems at you-know-where. Been away and have only been skimming the boards, so this may be a repeat of what's already reported, but appears all the stuck drillpipe is out of the hole at #4 and there is only 10 ft of fish now still in there at or near the bottom. Stuck casing at #9 is free now as well, I've heard. As for the long delayed water well, apparently negotiating with the land owner has taken much longer than expected but once again, they are supposedly close to getting that finalized and the drill turning. We'll see. Some months ago I think I remember being told the cost was expected to be in the neighborhood of $3M (but my memory could be wrong on that), so unless things have drastically changed, this is small potatoes compared to the $ cost of the gas wells.

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