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


To: Bearcatbob who wrote (2903)5/31/1999 8:09:00 AM
From: 1st.mate  Respond to of 15703
 
Well control efforts successful at East Lost Hills

Elk Point Resources Inc ELK
Shares issued 21,716,138 May 28 close $3.25
Mon 31 May 99 News Release
Also Westminster Resources Ltd (WML)
Also Richland Petroleum Corp (RLP)
Also Paramount Resources Ltd (POU)
Also Kookaburra Resources Ltd (KOB)
Also Hilton Petroleum Ltd (HTP)
Also Berkley Petroleum Corp (BKP)
Mr. Aidan Walsh reports
The Bellevue No. 1-17 well at East Lost Hills was confirmed killed on
Saturday, May 29, 1999. Heavy mud and cement were pumped through
perforations into the No. 1-17 wellbore from a relief well which had been
drilled to a depth of 16,668 feet. The Bellevue No. 1-17 well blew out on
Nov. 23, 1998, and had been flowing natural gas, liquid hydrocarbons and
water into containment facilities since December 1998.
The Bellevue No. 1-17 wellbore will be plugged back and abandoned. The
relief well No. 1-17R will be used to sidetrack a replacement well into the
targeted Temblor zone. It is estimated that drilling of the replacement
well, which will be sidetracked from the relief wellbore at approximately
10,800 feet, will take approximately 75 days.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com



To: Bearcatbob who wrote (2903)5/31/1999 8:22:00 AM
From: 1st.mate  Read Replies (1) | Respond to of 15703
 
I would expect all players to reach their year highs in the next three days....The stocks will not make a single bolt but it will happen over several days....Patience will now be the key!!!!!Hold your paper, in 70 days it will be worth 1000% more!!!!Don't be a fool and sell early!!!
Matey