GDN 0.00% 1.7¢ golden state resources limited

production well success, page-13

  1. 408 Posts.
    From what I could see, they did not have any problems going through Ismay formation in PB#1 & 2. Gas shown in PB#1 and even more in PB#1 at Ismay, the problems were further down. If they stopped there in previous wells and now added on to PB#3 they would have already been a producer. I think thats why they have designed and target this well differently with that goal in mind.

    Time will tell. Its like a jar of honey, when the lid is opened those flies will come around for their shares.

    IMOO
    DYOR.
 
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