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

To: okey who wrote (3079)	6/16/1999 11:06:00 AM
From: Salt'n'Peppa	Read Replies (1) \| Respond to of 15703

Thanks Okey. Taking this into account, if we assume that they still average 50' per day (to allow for bit trips, etc...), we will be through the Antelope at 14,500' in about 20 days. There are then about 3000' to the Temblor top, which could take as little as another 20 days to drill, given past performances. Give them 3 days to run, set and test casing, before penetrating the zone, and we come up with an earliest realistic timeline of about 43 days from now. This puts us at July 29th, but this is assuming absolutely no drilling problems - a poor assumption. I'd be very happy if we hit the gas zone by August 7th. JMO. S&P