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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 (4016)	8/16/1999 9:32:00 PM
From: chummer	Read Replies (1) \| Respond to of 15703

By BOB CHRISTIE Californian staff writer e-mail: bchristie@bakersfield.com LOST HILLS — Crews drilling a replacement for a wildcat well that was destroyed in a blazing blowout last November have struck pay dirt once again, more than three miles deep. High pressure natural gas is again being burned at the site 40 miles west of Bakersfield, with orange flames leaping more than 50 feet at times. But unlike last year's blowout, which blazed for more than two weeks and flowed uncontrolled for six months before well control specialists gained the upper hand, the gas now is burning in a controlled flare. The flare shows that a totally new California natural gas field should soon appear on the maps of the state division of Oil, Gas, and Geothermal Resources. Estimates of potential gas reserves made by some participating companies exceed 1 trillion cubic feet, which, if proven, would make it a world-class gas discovery. Drillers have pushed their bits more than 200 feet into the gas-bearing formation that is more than 17,000 feet deep, and have encountered more than one rock layer saturated with very high pressures of gas. They are flaring some of the gas because of pressure variations between different layers, which creates technical problems for the crews. Canadian public companies involved include Elk Point Resources, Berkley Petroleum, Westminster Resources, Paramount Resources, Richland Petroleum, Kookaburra Resources and Hilton Petroleum; PYR Energy is U.S.-based. The first well blew out in spectacular fashion on Nov. 23 and burned fiercely for two weeks before water began flowing with the gas, eventually putting out the fire. After failing to stop the gas and water from flowing through the blown well, the current well was drilled to serve as a relief well. The relief well succeeded in intersecting the blown well and "killing" it on May 28. That well bore was then redirected to enter the formation again, and crews entered the zone late last week. Gas shows and high pressure were immediate, and a slow and careful drilling plan is now under way to try to bring the well to a planned total depth of 19,000 feet

To: Salt'n'Peppa who wrote (4016)	8/16/1999 9:36:00 PM
From: Rocket Red	Read Replies (1) \| Respond to of 15703

S&P Hotline has on a 100 Foot Flare and figures arte 22mcf are pouring out the flare. Have you heard Different?

To: Salt'n'Peppa who wrote (4016)	8/16/1999 11:27:00 PM
From: grayhairs	Respond to of 15703

Hi S&P, You raise strong arguments to support your "assumption". I am not a strong believer in coincidence and, of course, KISSing is always good !! <gg> If they were in fact "making new hole" when they lost circ, then I am inclined to share the conclusion. But, not knowing what they were doing at the time leads to the caution wrt the conclusion. (It's the engineer in me, you know.... Like do you think the far side of that brown cow over there is also brown ??) And, yes, we both recognize that the gas currently fueling the flare is unwelcome and its source is speculative. We are fortunate to have Neil Darling dealing with the problem. Have a very pleasant evening. Later, grayhairs