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

To: Jimsy who wrote (504)	12/6/1998 9:15:00 PM
From: GEORGES	Read Replies (1) \| Respond to of 15703

As the operator , would Elk be entitled to additional contribution from the well.. Or how are the operators usually remunerated...

To: Jimsy who wrote (504)	12/6/1998 9:39:00 PM
From: Salt'n'Peppa	Read Replies (2) \| Respond to of 15703

I can't answer that question, sorry. All I know is that the structure is 14 miles by 2 miles and is an elongated dome in shape (a fault bound anticline). I was told the Temblor had 3500 feet of closure (vertical trap size, essentially), but how much of that is reservoir I don't know. Neither does anyone else, as we are still in the middle of it at the bottom of our well - we never did see the base - it could be... Just to correct, high-resolution 2-D seismic data was used, and massaged with the latest methods by PYR Energy. I think the best source on progress is still the Bakersfield Californian. After all, they are right there. Let's just say that this thing is massive, and leave it at that. As Red said, if any of these stocks are below their Friday close when the markets open up, BUY. Rick.