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: Salt'n'Peppa who wrote (643)	12/8/1998 1:16:00 PM
From: Kerm Yerman	Read Replies (2) of 15703

Rick / Water The well, which blew out two weeks ago, has gone from a smoky fireball to a clear gas flame and now to an orange torch. Late Friday, the smooth, now-smokeless flame began sending off a geyser of steam. That change was caused by water from deep underground joining the stream of natural gas as it shot from the earth. It isn't known if the water is being produced from the same depth as the natural gas and oil, or if it is coming from a cracked casing above that level. I believe the markets have reacted to this news in a negative manner. What's your take on the sequence as listed above and to the water show at this time. On another matter. If it is in the news --- news releases and newspaper articles, one should find it at Kerm's Korner. The National Post provided the Lost Hills story this morning - but The Financial Post was actually the source. Message 6735617 Kerm's Korner is designated to provide people interested in the Canadian oil and gas industry with up to date activities and events.

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