paradox #3 has encountered significant gas

KEY POINTS:
h Paradox Basin #3 has encountered significant gas shows over a 26 interval from 10,692 to 10,718
h Cuttings gas increased from a background of 54 units and reached 548 units
h The chromatograph indicates the gas is a mixture of methane and ethane similar to the Ismay Formation gas in Paradox Basin #1
h High cuttings gas levels were also recorded in shale over the interval 10,664 to 10,672
h Paradox Basin #3 is currently at 10,874 and is drilling ahead.