The flow rate will be even higher by the time they complete a series of clean-up flow and this is only one of the 3 intervals ( 3 out of 8 zones ). They will then base on the final rate to decide if they will continue stimulating the 2nd interval to increase productivity or if its good enough to run production casing for the current interval ( zones 5,5a and 6 ) and imv their decision will be about getting the best results out of this well.
Also, the last paragraph in the ann sounds great to me. They no longer remain confident but BELIEVE PB3 has taken a big step towards the goal of establishing commercial production from Golden Eagle field.
The future is looking brighter everyday for GDN.
IMOO DYOR
GDN Price at posting:
4.6¢ Sentiment: Hold Disclosure: Held