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

To: grayhairs who wrote (1228)	1/9/1999 1:49:00 PM
From: RSkarsten	Read Replies (1) \| Respond to of 15703

Maybe we'll see a little jump in the stock price? or perhaps this news was the cause of the recent rise? If the well is now past 12,000, and the snubbing attempt works, would the continued drilling be at a rate of around 100 feet per day as before? Or, is this a "super" rig capable of faster drilling? It seems to me that they got to this depth rather quickly. 1 month for 12,000 feet. If they can continue at that rate maybe we could see penetration in a couple of weeks? Russ