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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 (5698)	10/12/1999 6:48:00 PM
From: charlie mcgeehan	Respond to of 15703

not sure if frank moss has posted only here once but i think he is trying to drive the price of hilton back up. he started a new thread today dedicated to htp. no posts yet but i will pm him that we all agreed the news would stay here charlie

To: Salt'n'Peppa who wrote (5698)	10/12/1999 6:52:00 PM
From: charlie mcgeehan	Read Replies (1) \| Respond to of 15703

just getting the grub 00

To: Salt'n'Peppa who wrote (5698)	10/12/1999 9:27:00 PM
From: LostHillsGuy	Read Replies (2) \| Respond to of 15703

Here is the latest speculation:I spoke to a friend who is very familiar with this play and the geology in these areas and his comments were as follows: 1. The high ratio between the recent background gas levels (40 to 50 units) and connection gas levels (exceeding 170 units) indicate that we are extremely close if not right on top of the 1st Carnerous Sands. 2. The PDC bit that broke down was not designed to drill through chert. This chert that caused the faultered drill bit was probably encountered in the thin layer of shale which is the bottom of the Devil Water Sands and the top of the 1st Carnerous Sands. 3. As a reference.... ELH #1 only penetrated the 1st Carnerous Sands. It seems we are close. We must have patience. The gas has been down there for millions of years. If it takes a few more hours or a couple of more days and an extra drill bit to get it out safely and properly, then so be it. Good luck to all, LHG