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

To: chummer who wrote (3978)	8/16/1999 7:45:00 PM
From: grayhairs	Read Replies (1) \| Respond to of 15703

Hi Rich, S&P must have inadvertently overlooked your question this morning in his haste to buy more stock. I'll try and respond on his behalf, and if he disagrees with what I say I just know that he'll let us know !! We are at least a month and probably much longer (given the current lost circulation problems) from meaningful rate information. But, rates are actually not the issue any more. The blowout proved that wells in this reservoir will be capable of "very prolific productivity". And, the casing \tubular design for the replacement well will limit production from this well to a maximum of about 50 MMCF/d. So, the real issue now is "reserve quantification" --- How much net gas pay is there and how many TCF does that translate into ?? Have a pleasant evening. Later, grayhairs