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


To: Michael M. Cubrilo who wrote (459)12/6/1998 1:56:00 PM
From: Rocket Red  Read Replies (1) | Respond to of 15703
 
Michael
I'm sure everyone Knows the risks On this well

I will take my chances on this well before I buy those high flying
Internet stocks at least we know there is a high volume of gas flaring

PS What Stock is not speculation All of them



To: Michael M. Cubrilo who wrote (459)12/6/1998 2:05:00 PM
From: okey  Read Replies (1) | Respond to of 15703
 
Michael; The technical fact on Gas/Oil is at 17,600 ft the earth is 280 to 310 degrees F. The migration of oil into these depths over time heats to gas and condensate, which is what we have at the East Lost Hills blow out. This prospect right from the beginning was to be mostly gas, unlike how some people have thought it was to be oil.



To: Michael M. Cubrilo who wrote (459)12/6/1998 7:18:00 PM
From: Salt'n'Peppa  Respond to of 15703
 
Fact... they have hydrocarbons. How much? A LOT!!!

Attitude, attitude, big boy.

There you go with the oil well thing again....

Mike, I am well aware of the danger's of producing gas cap resources. I have worked on an overseas miscible gas re-injection project, because the state owned oil company produced a gas cap and drove down reservoir pressure.

I am afraid you are not stating facts, buddy.
You are speculating about oil and now about water!!!
At least I am speculating about that which we can see.

I think if you review the geology of the situation, you will learn that the reservoir is over-pressured due to it's position just beneath a massive thrust sheet. I don't think this is an aquifer at 17,600 feet!!!
THIS WE DO KNOW.

Enough of the slug-fest already. Leave the "assholes" out of it please. Let's argue like gentlemen, not rig-pigs.

Time will tell which of us has the TKO.
Good luck to you too.

Rick.