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
GDN Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held