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


To: Stocker who wrote (4237)8/24/1999 9:15:00 AM
From: Poseidonas  Respond to of 15703
 
<Maybe the JV just needs to "prove" their ability to produce from the Temblor.> by Grayhairs.

For the longterm shareholders and institutions today's news is great. To some extent the risk is gone.
Let the cash register collect $120,000 US /day from this baby and pay for the rest of the wells.
Let the large Berkley well penetrate to TD.
I think this is the logical and smartest thing to do and the market will also agree IMO!