SGC 0.00% 0.5¢ sacgasco limited

SGC offers 20x bag upside, page-43

  1. 3 Posts.
    Hi Guys, am new to HC. Picked up some SGC a few days back but am no OnG expert. I understand that they have intersected multiple levels with gas shows profiling the one well they recently drilled, that now they are wire logging and will eventually do some further testing that may take a couple of weeks. What im a bit confused about is what the results could point to after all logging and testing is done? i.e. would they be able to determine the entire size of the field just from this one well? (for example, their estimates are 1TCF, if all results were in line with estimates, would they be able to definitively say that there is really 1 TCF just from this one well + logging and testing?)....Thanks.
 
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