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

To: Check who wrote (1116)	12/18/1998 1:12:00 AM
From: Salt'n'Peppa	Read Replies (1) \| Respond to of 15703

Check - I couldn't resist!!! I know I said "no more postings for a while", but this is too good to pass up. A very significant and enlightening report from Bob Christie. If the flame is a "consistent 50 feet, flaring to 75 feet", with 50% of the water using the flame's energy to convert to steam, then my guess is that the flare would be a lot taller (maybe as tall as before??!!) if no water was being introduced. I'm done speculating on estimates, but we all get the picture. If this doesn't put KOB back over $2.00, we may as well all give up. The volume estimates may be inaccurate (we do have to wait for flow rates to be published), however, this puppy has now been flaring for a month, and it would "appear" that HC production and pressures have not dropped at all. Never mind what we see now. The second Nabors rig is in place and working, and Mr. Christie says they are making "ready a new drill site". Now you tell me if the partners know something??? Looks to me like we will have two rigs running after all. We've seen the disappointing half-time show (they should have signed Janet Jackson!!!), but this is the kick-off for the second half. Rick.