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

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To: Bearcatbob who wrote (15682)1/14/2003 5:15:57 PM
From: Check  Read Replies (1) of 15703
 
Hey Bob,

the PYR NR is out.

"Operationally, the Company has determined to limit capital expenditures at
the East Lost Hills project, where no additional exploration or development
proposals have been made. "If additional operations at East Lost Hills are
proposed, we will carefully evaluate to what extent, if any, we will
participate in those operations," stated CEO Scott Singdahlsen.

At the California Pyramid Power project, the operator Oxy Lost Hills,
Inc., a wholly owned subsidiary of Occidental Petroleum Corp., reports that
completion operations commenced during December 2002, and production testing
should commence during January, 2003."

oilpatchupdates.com

Not much to cheer about for the little bird.

Take care.
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