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

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To: Quint who wrote (171)11/26/1998 11:08:00 AM
From: Hutch  Read Replies (1) of 15703
 
East Lost Hills Bellevue No. 1 well blow out

Kookaburra Resources Ltd KOB
Shares issued 15,388,036 Nov 24 close $0.60
Wed 25 Nov 98 News Release
Mr. Graeme Robinson reports
The East Lost Hills Bellevue No. 1 well, in which Kookaburra's subsidiary,
KOB Energy, holds a 5.2 per cent interest, blew out and ignited at about
8:30 p.m. last night. All rig workers and crew were safely evacuated and
the fire is contained to the rig site and does not threaten any residents.
An expert well control team, Boots and Coots from Houston, arrived on the
scene at approximately 3:00 a.m. today and the intention is to bring the
well under control as quickly as possible.
An emergency response plan remains in effect.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com
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