re: Ann: Logging results confirms total net g...
They have actually drilled PB#3 from the PB#1 drilling pad and the intension all along to complete PB1 the same way that PB3 has been completed if it proved successful. I expect they are stacking the rig onsite awaiting confirmation that PB3 will flow commerical, and then the rig will make a start with completion of PB1.
Put it this way, they aren't handing the rig back!
In affect, 2 new wells comming online within a matter of months.
Very exciting IMO.
GDN Price at posting:
6.3¢ Sentiment: Buy Disclosure: Held
