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 (1289)	1/15/1999 12:16:00 AM
From: grayhairs	Read Replies (2) of 15703

Hi Rick, Thanks for the excerpt. <<Currently, the well is under control.>> Those 'mericans use a pretty loose definition of "control" !!! Maybe Clinton helped them write this !! <ggg> <<...this relief well will intersect the wellbore of the Bellevue #1 sometime in late January of 1999, at which time the Bellevue #1 will be plugged.>>> No way in Hell !! They got a real problem here. I doubt they'll be intercepting at 13,500-14,000. They're likely going to have to target interception near total depth. So, unless the surface kill works tomorrow, they won't be done by Feb 1. Maybe not even by Feb 28 !! <Although the Company believes that its insurance coverage is adequate to cover expenses associated with the blowout, there is no assurance that all of the costs will be covered.> Especially, if it's not under control (per "conventional definition")by Feb 1 ??? Later, grayhairs

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