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

To: Buckey who wrote (5666)10/12/1999 10:29:00 AM
From: Sam  Respond to of 15703
 
I see our stocks are slipping back a bit .No one wants to hold for another 3 weeks ,but when will we be seeing any flares or significant gas presure,
sam



To: Buckey who wrote (5666)10/12/1999 10:31:00 AM
From: Brumell  Read Replies (1) | Respond to of 15703
 
Looks like the HTP NR took the wind out of the stock. They claim 6 - 8 weeks to drill to bottom of estimated 4000 foot Temblor formation. Makes sense.

It also makes sense that when gas is first struck, we'll have excitement again... even if it's only 2 feet into the Temblor.

Didn't know you were in this one too, Buckeye.

Bob



To: Buckey who wrote (5666)10/12/1999 12:17:00 PM
From: Brumell  Read Replies (1) | Respond to of 15703
 
There's an interesting question in HTP's NR.

They mention the six levels or "packages" of sands that make up the Temblor formation. The top level or 1st Carneros is said to typically be the "poorest quality." Wonder if that's the package that Bellevue 1R drilled 180 feet into and hit 15,000 psi of pressured gas. Also wonder what the deeper sands will produce when BKP #1 drills through them.

Bob


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