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: grayhairs who wrote (1270)	1/13/1999 10:12:00 PM
From: Mr. Oil	Read Replies (1) of 15703

Hi greyhairs. I have a contact at the well site who has emailed me tonight with this. >>They failed to shut down the well again today. This is the third attempt in three days. They are going to have to find a new method. The down hole pressure is just too great.<< Sounds like bad news with an upside. >>On the other side if these numbers were correct what might it indicate stock wise. 17MMCFD, 200BOPD, 24,000 BWPD<< These are the numbers being bandied about on site. Also rumors that the insurance cap is being reached. I am not a geologist so I have no reference to the significance of these numbers. Can you comment on their relative size to a profitable reservoir. Thanks. Ray

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