Newtrader, I think you'll find that 0.2mmcf is 200k cf. This is why they are targeting an accumulation from all the zones to try and get a commercial well. I'm open to correction if wrong.
Quote: The Company anticipates bringing the flow rate for this well to a level for commercial production, WITH INCREMENTAL FLOWS that are anticipated from other higher intervals indicated during drilling as having production potential. Unquote
ie this level is not commercial on its own. There's a stack of wriggle room left in that word 'anticipates'.
GDN Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held