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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 (1363)1/25/1999 1:07:00 PM
From: JAS  Respond to of 15703
 
House 76 was playing games the other day up to 1.50 and now they are back buying. Good one to watch if you are trading on the swings here.

Jim



To: Salt'n'Peppa who wrote (1363)1/27/1999 11:49:00 AM
From: johnlag  Read Replies (1) | Respond to of 15703
 
Factoid...

Interesting, Oxy Petroleum (12th largest oil co. worldwide) is cutting its exploration/production budget by 63% from the $700 million dollar range to the low 200's. The only two places they are going to continue to spend is in the Elk Hills field (a few miles from ELH, a 1.8 Billion barrel field) and in Qatar.

Interesting. I wonder if the ELH discovery has something to do with their continued interest in the basin.

John