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

To: Rocket Red who wrote (3534)7/16/1999 1:05:00 AM
From: grayhairs  Read Replies (1) | Respond to of 15703
 
Well, I've been playing a little golf, RR. Too damn little !! But, I have been busy. So far this week I've sold off my interest in some oil wells and I am now trying to buy out a "cash poor" partner's interest in a gas well. With the rest, I'll be in the market cause I heard a rumor that there's an interesting little gas play in California somewhere. If I can find out something about it, I may just put a few bucks into that one. <gg>

When you say that we will hear by the end of this month, I guess that just depends upon what you mean by "The Monster". <gg>

There is no damn way we will have any sort of competent reserve estimate nor net pay estimate nor productivity estimate for either ELH or Cal Canal within that time period. But, I don't know, I suppose we might hear something about "Monsters" by then !!!! <ggg>

Regards,
grayhairs



To: Rocket Red who wrote (3534)7/16/1999 7:40:00 AM
From: Bearcatbob  Read Replies (1) | Respond to of 15703
 
Rocket,

I think that by the end of this month we will be cased up to the monster and ready to knock on the door. I will not believe we know what this monster is all about until we have a perforated casing in the right spot and controlled/monitored flow test.

It will be interesting to watch what the stock price plateaus are as we move through the process of drilling, casing, perfing and testing.

Bob


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