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: Sam who wrote (4613)	9/10/1999 11:13:00 AM
From: Hopsalong	Respond to of 15703

Doesn't seem likely that the JV group was sloppy enough to leave a "hole" in the center of their prospect. They locked up their land when the acreage was plentiful and prices were still cheap. So all the piggybackers and scavengers coming in now are stuck with the leavings and have paid dearly for them, too.

To: Sam who wrote (4613)	9/10/1999 11:16:00 AM
From: Salt'n'Peppa	Read Replies (3) \| Respond to of 15703

Sam, <<< By drilling an exploratory well (deep test) to a specified depth within the Miocene Temblor formation below 14,500 feet, and establishing paying production therefrom, Solana can earn a 100-per-cent working interest and a 74.575-per-cent revenue interest before payout, and a 73.625-per-cent working interest and 58.9-per-cent revenue interest after payout. >>> SOP doesn't own anything. They have to spend millions drilling a well before earning any interest in this 40 acres. S&P