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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 (4304)	8/27/1999 5:03:00 PM
From: Roman S.	Respond to of 15703

Not confused...more optimistic though! It is so great to hear all this news about high porosity, 15,500 PSI, fractured zones(possibly top 3 and possibly vertical). Also results of low could be out in 4-6 weeks, indicating the potential reserve in that area. This can only lead to the conclusion of a potentially HUGE reservoir with high constant flow rates. Therefore we could expect this first well to become a great long time prucer of natural gas. Now I think you will all agree that this is what we should focus our attention on and spread the word to our investing friends. Right now it appears that some daytraders are out. The prices are CHEAP now. We have all seen that KOB and HTP can run to quite nice highs with expected good news and will run much higher with great news. Next run will start in the next 3 weeks, I expect this run could reach new highs as we will actually be getting real numbers this time. Let's use the facts and not worry too much about lost circulation as they have practically decided to produce at current depth. The next rig will likely make it to TD.

To: Salt'n'Peppa who wrote (4304)	8/27/1999 6:17:00 PM
From: Robert McCullough	Respond to of 15703

Thanks for the info S&P. Is there also a possibility that the water component in the 'Wild Well' was produced by super heated water from much further down,( I hope) flashing into steam when the open hole blew out and the pressure dropped, rather than simply coning in the pay zone? Bob...

To: Salt'n'Peppa who wrote (4304)	8/27/1999 6:44:00 PM
From: grayhairs	Read Replies (1) \| Respond to of 15703

Hi S&P, I understand that BKP#1 spudded yesterday, the 26th. I understand that we can expect completion activities to "start" on Bellevue #1 in late September or early October. I understand Cal Canal is getting "close". Hopefully it'll be at casing point by late next week and penetrating the Temblor in about 2 weeks. Have a pleasant weekend. Later, grayhairs