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

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To: Rocket Red who wrote (374)12/4/1998 11:38:00 PM
From: Salt'n'Peppa  Read Replies (3) of 15703
 
That's a good question.

Seismic shows the structure to be approximately 14 miles long and 2 miles wide. Gas wells are typically spaced at one per 1/4 section in Canada, but this isn't a typical field.

If they prove the whole structure to be productive, then the answer is hundreds.

We also have to consider that this is a multi-zone play.
They will likely have to twin wells if they see economic potential in the "encouraging" uphole pay that was previously mentioned (and subsequently eclipsed by the birth of this small sun!!!).
There is also the consideration of downhole pay.
Maybe, as "Oilmaster" suggests, there is oil beneath the condensate layer, at (for example) 18,000-19,000 feet. This will need to be exploited too.
The potential is staggering.

Are we getting excited yet?

Rick.
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