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

To: dgz who wrote (4901)	9/17/1999 12:15:00 AM
From: Rocket Red	Respond to of 15703

Dgz I'm sure by Monday if all goes Well with drilling at CC the market will tell us.Either Direction. PS What happens if no Temblor sands are Hit over the Weekend? If the Gas is there we will know Monday.No we won't no how much.But don't forget ELH could produce some sniffs as well in about 10 days.

To: dgz who wrote (4901)	9/17/1999 12:38:00 AM
From: Brumell	Respond to of 15703

I think you're right, dgz. Monday is too soon. We may get hype and rumors (we already have that) but nothing meaningful. Meanwhile I sense a keen mind orchestrating this thing. Is that Busby? My hats off to him. Last Friday night we got murky news of the 2.25% deal and a weekend to chew on it. The Market burped briefly on Monday but soon rallied. Now we hear of a good PP at $5 with a bonus of warrants on a Thursday calculated to kick the market higher tomorrow. At some point, risk averse types may decide to reduce and capture a profit. Until then, I think you're right and HTP goes higher. Bob

To: dgz who wrote (4901)	9/17/1999 12:45:00 AM
From: grayhairs	Read Replies (3) \| Respond to of 15703

Hi thread, I just got home from having a few (EDIT: lot) of drinks with a guy who, when he was sober much earlier in the evening, had talked to a couple of piss tanks over a very poor cell phone connection to a noisy bar, and they had just talked with some drunk in a Bakersfield bar, who had just heard from a Vancouver broker (currently recovering in the Betty Ford Clinic) and the honest to God's truth is: 1) Cal Canal will drill out the shoe on Monday. They should be at the Temblor top some time Tuesday. If they still plan on drilling through roughly 2,700 feet of Temblor it'll take them ~14 days of drilling to get to TD. Now, if they have to fight any lost circ problems, or set any more casing strings before hitting TD, or change their mud system around to deal with abnormal pressures, or deal with any other abnormal chit that usually happens while drilling deep wells, it may just take an hour or two longer !!!! 2) ELH #1 won't be flaring before September 27th. 3) BKP #1 is at ~10,000 feet. So, operationally, over the weekend it's still expected to be a big ZZZZZZZZZzzzzzzz !!!! I'm much more anxious to confirm "the deal" !!! But, then that's just all RUMOUR at this point. <GG> Have a pleasant evening. Later, grayhairs P.S.--If anyone really NEEDS TO KNOW the current status of the wells, do call IR at BKP !!!!