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


To: Bearcatbob who wrote (5858)10/18/1999 9:25:00 PM
From: The Osprey  Read Replies (1) | Respond to of 15703
 
BCB,
Not to slight anyone at all but from my standpoint and I have no interest in it as yet BKP is the most undervaled play at the present time.I feel if they are successful as I feel they will be that the hey with analysts and they will exceed their 52 week high.FWIW.JMHO.In the "Closeology play with SOP,BCP,NEC,NIK,and VPR i feel NIK offers the most leverage on the 40 acre claim they have 1500 feet from the well wih 2.2 million sghares out and a 6.25% interest.I do have a personal position here.I will increase it on pullbacks.

The Osprey



To: Bearcatbob who wrote (5858)10/18/1999 10:05:00 PM
From: grayhairs  Read Replies (2) | Respond to of 15703
 
Hi Bob,

<<While I await a flare as much or more as anyone, until test time it is my understanding that a flare will not occur if our skilled drillers maintain perfect control - a thing we hope for.>>

You are correct, Bob. The crew at Cal Canal is maintaining the density of the drilling mud such that the formation fluids can NOT flow into the wellbore unless the formation pressure exceeds their reasonable expectations.

But, we are now very, very close to a major bonfire over at ELH #1R !!! I hope that reason prevails when that well is tested because it will not be produced at the very high test rates which some people erroneously seem to believe are necessary to confirm ELH#1R as a mega discovery.

Have a pleasant evening.

Later,
grayhairs