GDN 0.00% 1.7¢ golden state resources limited

some lessons learnt, page-15

  1. 822 Posts.
    Only if yuou are interested. FRV has drilled and about to production test a well with same predrill estimate as Paradox-1
    FRV has found a 7.6m net gas (56m gross shows) in muddy j sandstone with fair to good porosity indicative of a mid range result of the predrill estimate of 100-300bcf. Large gross oil intervals in 3 zones (5mbo poss each). West florence old oil field Colorado. Testing commencing end July.
    DYOR. Is at 7cents. Check out independant geologist report on ADE website. Is an analogue for the great wattenburg field 160km away which produces oil and gas from multiple zones in each well-in top 10 US gas fields.
    Worth a look if you like the US gas exploration thing. Is at rock bottom. Please do own research.
    Best of luck to all GDN. Very sorry to see a dissapointing result on Paradox -1 so far.
 
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