really great to see that chart here. gives some weight to the discussion about gdn being ready to turn imv.
of course what the chart doesnt show is how the shareprice would react given various flow rates ...
wondering what the forum thinks will be required to see this well attract the attention of the market. Given para1 was deemed to have 1.6mmcfd and para2 3.6mmcfd; some have suggested 5mmcfd will do the job.
Im actually hoping for a bigger number (let's double and go for a number with 7 in front of it) from these intersections. given the ismay tested on 14ft net pay in para2 from a 40m intersection there's plenty of potential upside here given 116ft net pay in these zones in para3
para2 sidetrack could end up pushing it into the 5s. hmmm 12mmcfd from two wells ready to go. would be a handy cash cow when negotiating funding going forward.
thoughts, brickbats?
GDN Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held
