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

To: Mr. Oil who wrote (1112)12/18/1998 12:48:00 AM
From: Salt'n'Peppa  Respond to of 15703
 
Ray, they will be attributing zero contribution from ELH.
This is not yet a producing well in the eyes of the oil company. Bellvue #1 is not totally under control and will most likely be plugged and abadoned .

It's very significant that WML is now 100% gas - makes them strong in today's market, and still undervalued. People still see them as an "oil company".

Rick.



To: Mr. Oil who wrote (1112)12/18/1998 12:57:00 AM
From: Check  Read Replies (1) | Respond to of 15703
 
My guess is ELH - 0

They produced 30.7 MMCF/d and 80 BO/d to Sept.
In Canadian, that's 3150 BOE/d
in American, that's 5200 BOEPD
(here we go with the ratios again)

Their production is going up rapidly
They would be stupid to include the ELH candy in their projections

Check it out



To: Mr. Oil who wrote (1112)12/18/1998 1:57:00 AM
From: Kerm Yerman  Respond to of 15703
 
Raythe / Westminster Resources

You said, "I would like to know how much of the 5,500 BOEPD are they really attributing to the Lost Hills reservoir."

Answer is zelch.



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