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

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To: johnlag who wrote (2594)5/19/1999 9:38:00 PM
From: Bob Walsh  Read Replies (2) of 15703
 
Yes John it supplied information but is misleading just as a chart which compared one company to another based on an assumed recovery of the same amount for each area being drilled. Comparing apples to oranges is always misleading no matter how you present it. If Hilton was drilling 10 wells in 10 different areas versus Elk Point who was drilling 5 wells in 5 different areas and you compared them with an assumed potential of 1 TCF for each well it wouldn't make much sense just as this doesn't make sense.

Regards,
Bob
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