GDN 0.00% 1.7¢ golden state resources limited

next week, page-5

  1. 642 Posts.
    hi ya,

    On the application for permit to drill they do tick it as an oil well.

    Also on pb1 they did have oil shows then a 6.1m column of oil which they did nothing with.

    At around 9800 feet on pb2 we might see oil shows again and maybe around 10100 feet abouts if the 700 feet difference does continue down to around 10000-11000 feet the column might be around the 10100 feet.

    Since drilling again today sometime on monday we might see another update with more minor shows around 8200-8400 feet and more around 8600-8700 feet depending how fast drilling happens over the weekend. If they do see minor gas shows at around those depths it would be similar to pb1 drilling results as it got closer to the upper ismay interval which on this well is somewhere around 10400-10800 feet.
 
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