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

To: Roman S. who wrote (5522)	10/7/1999 10:57:00 PM
From: grayhairs	Respond to of 15703

Hi Roger, <<ELH#2, how far is it?>> Quite a while yet. Last I checked they had just landed intermediate casing at around 11,500' (??). So they've got ~5,500' of drilling (including that difficult drilling in the cherty shale which chews up the bits and requires lots of bit changes) before they have to set, cement and test their 9-5/8 casing just above the Temblor. That one's still a ZZZZZzzzzz for 30-45 days, my guess. Your KOB is money in the bank !! And, it's about to start compounding pretty good, I think. <gg> Later, grayhairs