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

To: LostHillsGuy who wrote (5943)	10/20/1999 11:08:00 PM
From: Brumell	Respond to of 15703

Nice hearing from you LHG. Sounds like drilling progresses at Cal Canal. Meanwhile rumours are spreading on various threads. Folks are getting nervous and imagining the worst. Guess they wanted instant gas and a big flare to prove it. Technical stuff about mud pressures, de-gassing, and the number of layers yet to be penetrated isn't enough to satisfy them. We'll see. Meanwhile, brokers who visited the site should be returning. Check posted earlier that it's quite impressive and provides insight into the size of the project. I wish they'd invite the S.I. crowd... <ggg> I'm sure you are right about ELH. Yes, there are always risks but it has to be looking good and BKP#1 is homing in to back it up. It still looks good to me, LHG. Hope you or the Missus are still watching for the flare... Bob

To: LostHillsGuy who wrote (5943)	10/21/1999 12:54:00 AM
From: CONTANGO	Read Replies (1) \| Respond to of 15703

<<I don't think anybody really knows where it is.>> That seems to be the consensus. There is some question as to whether we are in 1st Carneros or still approaching the Temblor top. Time will tell. At 2-3ft/hr it may be more time then we would like. Bottom line as long as there is a viable gas discovery somewhere in the next 3500ft it doesn't really matter where it is. For those looking for news I presume you are like myself and would qualify that to mean "good news". Believe me I would like to help. Mistake? Maybe. Scam? NO WAY. If you disagree, take a deep breath or a capital gain either way you'll feel better. Happy hunting.