GDN 0.00% 1.7¢ golden state resources limited

oil details, page-4

  1. 1,723 Posts.
    thanks T2W

    anyone care to comment on commerciality; especially the 4% porosity?

    Ill paste details below:

    The well is at 9,495 feet (2,894 m) in the Pennsylvanian Paradox Formation, at the
    well’s second casing point. The well is a further 100 to 300 feet above the major
    Upper Ismay target zone (See Table below).
    Significant Oil Interval
    Geophysical logging of the well was completed by Schlumberger Oilfield Services over the
    weekend. A 20 foot (6.1m) thick interval with oil within dolomite was detected
    from 9,411 to 9,431 feet. Porosity was assessed at 4%.
    The interval has been preserved behind casing. Its production potential will be assessed
    once the well has been completed to final depth.
 
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