GDN 0.00% 1.7¢ golden state resources limited

build up, page-9

  1. 4,289 Posts.
    Hi Janti
    Thanks for your post. While trying to find info on possible outcomes of the current shut in I came across a really good explanation of working out gas in place estimations but when I went to find it again later to provide a link couldn't find it unfortunately. One of the things that stuck in my mind was that, yes we want it to get back up to pressure, but it also stated that the longer it takes to reach full pressure, the larger the reservoir(which make sense if you think about it). so that was something I was hoping to see in the next announcement. Something along the lines of "we reached full pressure of 4900psia after 9 days". I may be right off track but that was what I got from my findings. My take is a small reservoir will reach full pressure very quickly but a huge reservoir will take much longer. What I don't know is wether by "much longer" they mean a matter of hours, or days. The question now is, when do we find out?
    Cheers
    B Rubes
 
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