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

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To: RSkarsten who wrote (971)	12/12/1998 1:37:00 PM
From: Saverio	Read Replies (1) of 15703

RSkarsten: re"condensate" I am not a specialist, but condensate is a liquid which is better than crude; it needs less refining to convert it into finished products. As a result, it is more valuable than crude; to throw a number in the air, its price is probably something like 30% or 40% higher than crude (I am welcoming correction if someone knows better). Saverio

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