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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture -- Ignore unavailable to you. Want to Upgrade?

To: Check who wrote (3075)	6/16/1999 10:49:00 AM
From: Salt'n'Peppa	Read Replies (1) \| Respond to of 15703

Check, It is that cursed 2000' thick chert-band filled Antelope Shale that takes so long to plow through. At Bellvue #1, I think it started around 14,000'. Things will slow down significantly through that formation - I think they were averaging about 30-50' a day, if memory serves me right. Regards, S&P

To: Check who wrote (3075)	6/16/1999 12:29:00 PM
From: grayhairs	Read Replies (1) \| Respond to of 15703

Morning Check, I have poor knowledge of not only the geology but also of the drilling program and prior drilling experiences in this basin. And, I have enough trouble projecting how long it will take me to traverse 3 miles of city traffic let alone estimating the drilling time on Cal Canal. When WML say 136 days I suspect they actually calculate something in the order of a 122 day program but then pad it by 14 days as a modest cushion against shareholder anxiety !!<gg> I guess they'll get there when they get there. I can easily wait as it's golf season (and I believe the prize to be worth worth waiting for). If they are earlier than their 136 days projected, everyone will be happy. And, of course if they encounter even a 1 day delay everyone will just believe them to be a bunch of incompetent klutzes !! Meanwhile, ZZZZZzzzzzzz !!! Later, grayhairs