GDN 0.00% 1.7¢ golden state resources limited

Ann: Activity Update , page-67

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    Point taken!

    What I was thinking about (as obviously I am no oil and gas expert) is that most of the zones are believed to have "high permeability". Zone 3 even has a "major fracture present". So what would be likely reasons for this well NOT to flow commercial gas? (Genuine question).

    It just seems to me that things are going "reasonably" well, if not as fast as I would like. Surely though, if they can get this zone to flow at 1.0mmscfd or more OR produce from Zone 2, AND if the resrvoir is of sufficient size, then this is a pretty good discovery in an untapped 100% owned gas field.

    Is this not the case?
 
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