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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 (3916)	8/12/1999 12:57:00 PM
From: grayhairs	Read Replies (1) \| Respond to of 15703

I don't know if the "Slave Point play" will add 20-30% to their current boepd, but they of course should know better than me. I'm hearing that the first well will add ~500 bbls\day (net to WML). Of course they will drill several followup wells on this high gravity oil play. But, by time those wells are down, ELH#1 will be producing 40-50 MMCF/d and netting WML 4-5 MMCF/d. (Looks to me like WML chart has a definitive double\triple bottom now, a very strong technical point, IMHO!!) In the meantime, we are drilling along at about 5'/hour at ELH. Could even be into the Temblor by late today. Might even be to TD in 10-12 days. It is fun watching the institutions step up on the big caps but otherwise YAWN and ZZZZZzzzzz !! Can't even golf in this miserable drizzle and 14 degree C August heat wave !!! :-( :-( :-( Oh well, leaves some time to do DD on other good plays !! Later, grayhairs