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

To: grayhairs who wrote (4263)	8/24/1999 1:34:00 PM
From: Taff	Read Replies (1) \| Respond to of 15703

Mornin GH I do hope the test/logs etc come into the "T" values, anything less ie 999 billion cu feet will play hell with the stock prices, "Trillion(s)" have been talked about long and hard. I would hope investors (not speculators) appreciate that daily production will be in the range of 30 to 50 million cubic feet after surface facilities have been installed... I don't see production starting for another 2 to 3 months, what is your opinion GH It be fair flogging weather GH, nother 2 weeks before the snow flies or first frost... Taff

To: grayhairs who wrote (4263)	8/24/1999 2:49:00 PM
From: Dave E.	Read Replies (3) \| Respond to of 15703

Grayhairs, Certainly more useful than ELK's laconic words! I would appreciate another lesson in gas production now that we are entering a new phase. Hope you can provide your usual words of wisdom! What is required to turn the well into a production one? I assume they have to run a production liner - is this essentially tubing taken from a continuous reel which goes from top to bottom? What else has to be done to prepare for the flow test i.e. is the drill rig now finished its task & ready to move to another site, what is involved in disassembly & installing the service rig, how do they connect the hole to the distribution pipe-line? Also what is a flow test - seems to me it will essentially be the first period of production adjusting restrictions etc. given all the data from the blow-out hole. And last - how long does the switchover process typically take? Regarding the logs, do these have to be pored over for several weeks or is the info quite readily determined without sophisticated extended analysis? It is hard for me to see a lot more analysis being useful until the Big One gets to depth (but then this is all new to me!) Dave