GDN golden state resources limited

hot spud, page-8

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    And all of below!! the last is the most important one!!

    A pilot production plant is planned
    ? Paradox Basin #1 and 3 are ready for production with an expected minimum rate of one million cubic feet per day
    ? Production rates should be able to be increased with additional stimulation as neither well has been adequately stimulated
    ? Paradox Basin #3 has produced 9.6 million cubic feet since being stimulated
    ? Golden State is obtaining prices for a gas plant and the pipeline right of way is ready to be finalised

    ? Discussion with potential debt financiers are well advanced
 
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