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


To: Salt'n'Peppa who wrote (3254)7/5/1999 7:52:00 PM
From: Ed Pakstas  Read Replies (4) | Respond to of 15703
 
Question is, who did they get it from???...

Hilton Petroleum Ltd -
Hilton increases interest in Greater San Joaquin Basin JV
Hilton Petroleum Ltd HTP
Shares issued 18,382,792 1999-07-05 close $2.83
Monday Jul 5 1999

Mr. Donald Busby reports
The company has acquired an additional 4-per-cent interest in the Greater San Joaquin Basin joint venture. This increases the company's interest to 12.13 per cent in the East Lost Hills prospect and 11-per-cent interest in the GSJBJV. This purchase is consistent with the company's belief that substantial hydrocarbon remains in the deeper formations in the San Joaquin Basin where 12.15 billion barrels of oil equivalent, EUR, will be produced from shallow formations. The discovery at East Lost Hills proved that hydrocarbons exist, with good deliverability, from the deep formations.

(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com



To: Salt'n'Peppa who wrote (3254)7/5/1999 8:02:00 PM
From: Rocket Red  Respond to of 15703
 
Yes its over 12% for ELH and 11For the other.