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: Bearcatbob who wrote (15588)	5/3/2002 2:38:58 PM
From: MIRU	Read Replies (2) of 15703

Hi Bearcat - The Oxy well is nice but other than making ELH operator's completion techniques look incompetent, has no implications for us. The AERA well though would help PYR's Wedge prospect. #4 and #9 have apparently set pipe and are ready to test as soon as agreement can be reached over what changes should be made to adjust for the junior's unpaid bills. May 31 has nothing to do with it, though may appear to. PYR has the money, so should be able to maintain their current interest. The controversy over netting out #1 revenue vs money owed should be settled soon. Alternate SWD site is about finalized. If #4 and #9 have excellent, trouble-free high volume test results, everything will be fine. If.

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