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

To: Roman S. who wrote (445)	12/6/1998 3:08:00 AM
From: JL	Respond to of 15703

Roman... The flare is impressive but doesn't translate directly to the size of the reservoir. You can have great pressure in a small balloon just as you can have great pressure in a large balloon. The only thing that's positive is that the well has been burning for 14 days. Human senses can't detect any drop in pressure but human senses are very poor for this application. In a flow test if you have an initial pressure of 5000 psi and then flow for 2 days and see a pressure drop to 4950 this is significant. The human senses can't detect that kind of change by the sight or sound of the flare and it IS an indication of a substantially smaller reservoir. Do the math and be patient for the facts to come out. JL