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

To: dan jay who wrote (2799)	5/28/1999 7:38:00 AM
From: Bearcatbob	Read Replies (1) \| Respond to of 15703

Thread, An excerpt from Kerm's letter: In California, Black Sea is embarking on an extensive exploration program in the southern San Joaquin Valley. The region is one of the most prolific oil-producing areas in the United States. Black Sea is currently testing its second shallow well in the northern extension of the Lost Hills field, approximately 45 miles northwest of Bakersfield. Bob

To: dan jay who wrote (2799)	5/28/1999 2:22:00 PM
From: Don Richards	Respond to of 15703

Dan jay,I can't do stock price estimates accurately at all,as there is so many variables with the jv's.However at the Eland Jennings website,there are some fairly recent estimates posted.Earlier on the thread it was speculated that we may see a run-up when news is out that the well is actually killed. Just as a note,the new p/l we were talking about and the ELH play are unrelated (except that a couple of the jv's have interests in both Ft.Liard and ELH).The new p/l is to run from NE BC to Chicago. It sure is getting interesting now that the killtime is so close.Just hoping for the best for all of those guys doing the work.It's a massive undertaking,but we should know shortly.I gotta head out for the day.Regards,Don