GDN 0.00% 1.7¢ golden state resources limited

announcement is out ..., page-17

  1. 186 Posts.
    and heres a bit more maths to stew over the raging success that PB1 will bring to this potentially HUGE success that PB2 definately already is(just ask GDN)

    1mcf = $3.43 USD in april on average

    PB1 producing approx 0.3 mmcfd

    1mcf = 1 thousand cubic feet
    1mmcf = 1 million cubic feet

    300,000cubic feet per day = PB1

    PB1 - 3.43 x 300 = just a little tiny bit over $1000/day

    The hole cost how much to drill ?
 
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