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


To: grayhairs who wrote (3616)7/22/1999 7:34:00 AM
From: Poseidonas  Respond to of 15703
 
Article in today's Globe & Mail:

Berkley Petroleum (BKP--TSE)
Staff and wires Thursday, July 22, 1999

$15, up $1.40
The price of oil fell, but the shares rose 10 per cent on speculation the company is about to release favourable drilling results from a promising natural gas find in California. Investors are gambling that a well Berkley is drilling in California's East Lost Hills, near Bakersfield, will be a major discovery.