rick, page-10

Basically the deal is this:

While frac fluids are being extracted, they run a 34/64 choke.

Once the fluids subside, they shut the well in for a build up, then open it up for flow and vary the choke size with a variable choker so see what full flow rates can be achieved.

Now IF the well is dry, they will be able to get substantially better flow rates than 1 mmcfrd as currently being reported. They might get up to 4 mmcfd.

What happened with PB1 was because of the poor quality cement job and casing shoe, when they opened up the choke, water came gushing through the cement barrier and the story is there and then. They can produce from PB1, but they have to have it choked back to 500 cfd so water is kept low to gas ratio.

PB3 on the other hand has a GOOD quality cement barrier and was designed as a directional well for shallow production from Ismay formation zones. So it won't have the same problems at PB1.

We are at the point boys and girls, they once they frac fluids are out and the start testing flows with the different chokes, and IF no water comes out, only increased dry gas flow, GDN will ROCKET in price.

You move, buy now at 3.7 cents, or wait 2 weeks and buy at 8 - 15 cents.

Up to you.