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

To: Dave E. who wrote (2834)	5/28/1999 9:47:00 PM
From: Bearcatbob	Read Replies (1) \| Respond to of 15703

Dave, Just finished paying bills. Took a look for news on ELH. What you only need to know is that all of the partners in the know have been putting their money into this play. Westminster is selling properties to fund their portion. Berkley management has taken part of a PP to fund their play - not to mention that BKP has increased their position in ELH and undertaken the organization of the surrounding area play. Others have had various kinds of preferential private placements - p me off that I don't get any but I am encouraged by people who put their money where their mouths are. These guys know the production rates and the pressure just ahead of the kill. Now, we have to wait for a commercial well. Christie's article indicates that the race now is on to the formation - one new well and a redrill of the relief well. Bob