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

To: Salt'n'Peppa who wrote (643)	12/8/1998 10:13:00 AM
From: Ed Pakstas	Read Replies (1) \| Respond to of 15703

Post says analysts excited Stanford Oil & Gas Ltd SOG Shares issued 12,982,959 Dec 7 close $2.70 Tue 8 Dec 98 In the News See Kookaburra Resources Ltd (KOB) In the News The Financial Post reports in its Tuesday edition that shares of Kookaburra Resources soared again on Monday as news of a natural gas blowout in a jointly held well in Bakersfield, California, continued to have the biggest effect on the property's smallest stakeholders. Reporter Garry Marr says that since initial reports of the blowout surfaced, Kookaburra shares have declined in just one out of 10 sessions. The stock jumped 39 cents to close at $2.32 on Monday and the stock has now risen more than 460 per cent since closing at 41 cents on Nov. 23. CIBC Wood Gundy Securities analyst Peter Linder says this could be a home run but it is largely the only thing the juniors have going for them. Mr. Linder does not believe that figures will be available for months but he says he is 95 per cent sure that it is a major discovery, possibly as much as three trillion cubic feet. Dundee Securities analyst Paul Beique says there are a lot of questions as to the size of the reservoir but they will not be answered until a there is a controlled well. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

To: Salt'n'Peppa who wrote (643)	12/8/1998 10:16:00 AM
From: Rocket Red	Read Replies (1) \| Respond to of 15703

Rick The tree is being shaken this morning most stocks are down and may see more down pressure.

To: Salt'n'Peppa who wrote (643)	12/8/1998 10:28:00 AM
From: cash money	Respond to of 15703

It looks like we a starting to sink as many short sellers are having there way on this play for awhile now. This could sink along ways as stop losses start to kick in. I'll find my re-entry point sometime in the next few days. Best of luck Cash Money.

To: Salt'n'Peppa who wrote (643)	12/8/1998 1:16:00 PM
From: Kerm Yerman	Read Replies (2) \| Respond to of 15703

Rick / Water The well, which blew out two weeks ago, has gone from a smoky fireball to a clear gas flame and now to an orange torch. Late Friday, the smooth, now-smokeless flame began sending off a geyser of steam. That change was caused by water from deep underground joining the stream of natural gas as it shot from the earth. It isn't known if the water is being produced from the same depth as the natural gas and oil, or if it is coming from a cracked casing above that level. I believe the markets have reacted to this news in a negative manner. What's your take on the sequence as listed above and to the water show at this time. On another matter. If it is in the news --- news releases and newspaper articles, one should find it at Kerm's Korner. The National Post provided the Lost Hills story this morning - but The Financial Post was actually the source. Message 6735617 Kerm's Korner is designated to provide people interested in the Canadian oil and gas industry with up to date activities and events.