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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 (10192)	4/10/2000 9:16:00 PM
From: Brumell	Read Replies (3) \| Respond to of 15703

Some rumors and revelations for the thread. Just heard from a very good source. It was a bit rushed but here is the essence of what he said. Most will remember there are six sand levels within the Temblor - the first, second and third Carneros, the Agua, the Bloemer/Phoicides and the Oceanic. There is apparently plenty of fracturing cross-over throughout the sands encountered. Within the 3 Carneros levels there is about 85 feet of net pay sand. Going into the Agua, there is a pay section but don?t have details. Best results appear to be in the Bloemer/Phoicides sand where they have determined 360 feet of good to excellent pay sand. Porosity in these sands runs 9 - 12 percent. I believe they are now either at or in the Oceanic sands but have no word on their quantity or quality. Reports from just before drilling stopped indicate they were in excellent material. Bottom line, a minimum 445 feet of net pay is indicated plus whatever is in the Agua. WARNING: I have faith in my source. However, he is not an official spokesperson for any of the jv. partners. Use your discretion. Regards, Bob