Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Greg R who wrote (4242)	8/24/1999 9:31:00 AM
From: Ritch D	Respond to of 15703

...good point...I still like this play...but there are tons of spec/day traders that don't know how to handle the volatility...

To: Greg R who wrote (4242)	8/24/1999 9:35:00 AM
From: ogod	Read Replies (1) \| Respond to of 15703

looks like we re in for more heavy weather 42k bid at 1.70 just got killed on kob

To: Greg R who wrote (4242)	8/24/1999 10:09:00 AM
From: Salt'n'Peppa	Read Replies (4) \| Respond to of 15703

Greg, You are correct. My bar-room buddy in Bakersfield has informed me that they have seen approximately 100' of gas pay in the first sand, with 75' of it indicating greater than 15% porosity - huge for this depth in a clastic (sand) reservoir. They have apparently logged extensive vertical fracturing throughout the logged interval, which includes the first sand and the first shale, down to the very top of the second sand. There wasn't enough of the second sand exposed to catch it with the logging tools. You are most likely right in that the total payzone will include at least the first and second sands together. They were expecting 200' of net pay in the estimated 400' of second sand. It is very likely that the first 4 Temblor sands will be in communication if this is the case, so in my opinion, this adds credence to Hilton's idea that the water was from 2000' below. I honestly think that we have a huge gas reservoir here. There was NO SIGN OF WATER AT ALL. Have a great day. S&P PS: It was frustrating being offline for 3 days. I moved house and Shaw Cable screwed up my hookup appointment in the new place. They were supposed to do it on Saturday, but it was done last night.