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


To: Bearcatbob who wrote (4146)8/22/1999 11:06:00 AM
From: STLMD  Read Replies (1) | Respond to of 15703
 
Bob and Pose... I think the lack of news is getting the best of you both. Uncertainty regarding loss of this well is a concern but according to all that have written on this thread, a much less likely occurrence than before(Nov. 1998).

S&P stated in reply #4045:
"In order to fully understand the Temblor at ELH, it will be necessary to take as many wells as possible to the bottom of the Temblor, just so they can take these measurements as frequently as possible and build up a 3-D model of our baby.
This information will enable them to pick the optimum points to perforate the production casing and produce from."

It is my belief from what knowledge I have gained that information such as the above, to TD, as well as the pressure information gained that could be used to guide other wells, is essential to the success of our investment, not only in producing gas, but in letting the rest of the investment community know how really HUGE, HUGE is. So, let's let those boys do their work. They have got to return to the barroom at sometime so our information link will be reestablished.

A little soiling of our pants now due to anxiety will make buying that new wardrobe even more exciting when this all plays out. Me? I'm holding on to all of my investment until the prices reflect at least 3TCF of reserves and then will take some profits and let the substantial remainder ride as we uncover the beast in the next 12-18 months.

S&P... Any barroom news today? Regards to all, Stephen