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


To: Wizzer who wrote (2274)4/28/1999 5:42:00 PM
From: Salt'n'Peppa  Read Replies (1) | Respond to of 15703
 
Today's action for all JV partners...

PYRX 2 15/32 up 19.7% on 84,100 shares
RLP 2.35 up 11.9% on 74,000 shares
POU 19.00 up 5.6% on 36,139 shares
BKP 13.25 up 4.3% on 389,583 shares
ELK 2.95 up 3.5% on 86,600 shares
HTP 2.18 up 3.3% on 167,508 shares
KOB 0.99 up 3.1% on 274,706 shares

Does anyone see a pattern here?

Closing Nymex prices for oil & gas don't hurt either.
Oil $18.45 up $0.64
Gas $2.348 up 1.7 cents.

Cha-ching, cha-ching!



To: Wizzer who wrote (2274)4/29/1999 11:12:00 AM
From: Salt'n'Peppa  Read Replies (2) | Respond to of 15703
 
Wizzer, I'm told that RC is done selling out of KOB. Perhaps now that it is no longer being suppressed, we will see it rise up proportionally to the other JV's, taking it to around $1.20.

I heard straight from Elk Point yesterday that the relief well 7" liner was being cemented in place 6 feet (+/- 1 foot) from the 7" blowout liner, so they should be done by now. My earliest estimate on killing the well is Monday-Wednesday next week.
This is right from the horse's mouth (sorry ELK guys - analogy not intended to be taken literally *ggg*), so we should see further signs of accumulation ahead of the kill.

All the JV's appear to be creeping up further today - a good sign!

Regards,
Rick.