GDN 0.00% 1.7¢ golden state resources limited

broker activity from last week , page-16

  1. 642 Posts.
    hi, just with todays announcement, they mention p50 of 78.9bcf for the upper zones at pb1 there is only 10 feet of net pay in upper barker creek. Todays announcement gives 3 net pay amounts totalling 52 feet and still have 1 more interval to log. The p50 estimate is only barker creek and ismay, but they will also be testing the new zone chimney rock which has 14 feet of net pay too. 2 of the barker creek intervals with net pay in the report today had no gas shows, so there is a chance more than 10 feet of net pay could be found once logging is done on the section from 12950 to 14200 feet. The p50 estimate should reach above 100bcf after testing is done if get good flow rates this time.

 
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