GDN 0.00% 1.7¢ golden state resources limited

zone 10 pressure, page-6

  1. 173 Posts.
    NT a couple of points for discussion:

    The initial pressure comparison with Lisbon gas field is very alluring. Lisbon 2713psi versus zone10 pb#2 3661psi

    Casting back to your earlier post #4012608 u draw another telling comparison:


    "For pb2 to have approximately the same in net feet of gas to lisbon 147 feet of pay needs to be found, with the results from the first 4 zones and another 6 to go for the upper formations there is a good chance could get close to 150 feet in net pay before the 4 deeper zones".

    Tommorrows mdt testing could nail it and pitch pb#1/2 against Lisbon field as a benchmark comparison.

    Notably, however, the important comparison may lie with the fact that most of the Lisbon field was in Leadville.
    We are 4 payzones away from that and just getting warmed up.
    What are your thoughts on this point?

    Cheers Mate
 
watchlist Created with Sketch. Add GDN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.