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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture
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To: grayhairs who wrote (2847)5/29/1999 7:41:00 AM
From: Bearcatbob  Read Replies (3) of 15703
 
Grayhairs,

In the quiet of a holiday weekend Saturday I have gone back and carefully read Bob Christie's article in the Bakersfield paper. An item of interest is that Chevron kept a 25% Royalty in the play. Now I need to check - but someone may know and save me the effort - the following:

1. Have the Eland Jennings "guesstimates" considered this royalty - or have those numbers been based on before payout returns.

2. Does the Armstrong play also have a royalty to Chevron?

Thanks, Bob
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