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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture

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To: Bearcatbob who wrote (15595)5/3/2002 6:23:37 PM
From: John M  Read Replies (1) of 15703
 
Does anybody know if the Oxy well produces mass quantities of water like the ELH wells? It would be really nice if the Oxy well did not produce water. The implications for the overall play would be huge.

Also, Elk hills is 40 some miles from Lost Hills. This thing could be really big to a company smart enough to know how to drill and complete the wells without filing for Chapter 11 before 1st production.

BTW - If I was the operator, netting the partners capital from revenues ain't gonna happen. Nobody gets a free ride. If you want to run with the big dogs..........put up or get out.

JM
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