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


To: johnlag who wrote (2594)5/19/1999 9:38:00 PM
From: Bob Walsh  Read Replies (2) | Respond to of 15703
 
Yes John it supplied information but is misleading just as a chart which compared one company to another based on an assumed recovery of the same amount for each area being drilled. Comparing apples to oranges is always misleading no matter how you present it. If Hilton was drilling 10 wells in 10 different areas versus Elk Point who was drilling 5 wells in 5 different areas and you compared them with an assumed potential of 1 TCF for each well it wouldn't make much sense just as this doesn't make sense.

Regards,
Bob



To: johnlag who wrote (2594)5/20/1999 1:43:00 AM
From: Salt'n'Peppa  Respond to of 15703
 
Big John, how is your third decade on this planet treating you?
You have to update your profile, buddy, you are no longer 29!!!

You are getting a lot of flack over this chart on your website. Might I suggest that a second chart be created and posted on the EJ site, focusing only on ELH. This is the only "near-term" impact that most of us are interested in at the moment.

With the spud of the first GSJ well in mid- to late summer and TD probably around Hallowe'en (realistically), we will all have plenty of opportunity to re-assess in September, using your current chart as we see fit, after our beloved relief well has become the first successful Temblor producer.

Just a suggestion, but a useful one, I think.
Thanks for your efforts in producing the chart.

Cheers,
Rick.