GDN 0.00% 1.7¢ golden state resources limited

still full steam ahead, page-40

  1. 5,003 Posts.
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    It will be good, wait and see...

    The wells that tend to be dusters are ones that are drilled in new wild cat areas where there is no previous history.

    They know gas is down there and they are doing different casing and making this one directional to avoid water.

    I read back over some of the previous updates from the 1st well I think and they seemed to have a bit of problem with the cement they were using and in the end this let the water in... I reckon the contracters screwed that well and if it had been drilled and set better would have been a producer easily.

    The design and crew drilling this well seem very professional.

 
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