GDN golden state resources limited

big but how big, page-15

  1. SBC
    1,006 Posts.
    Briter, Golden State Resources have always stated that the target structure has an upside of 3 TCF. This is based on independent consultant reports, refer to their web-site http://www.goldenstate.com.au/goldeneagle.shtml

    "Independent consultants estimate a mid-case reserve target of 440 BCFE of gas, with upside to 3 TCFE (3,000 BCFE) for the maximum 2,000 ha case."

    Alternatively look at any one of the numerous drilling status reports, i.e. 27 October 2006.

    Cheers
    SBC
 
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