Drilling Status Report – 13 April 2007 • Paradox Basin #1 oil &...

Drilling Status Report – 13 April 2007


• Paradox Basin #1 oil & gas well, Grand County, Utah, is at 15,397 feet
(4,692 m) in the Pennsylvanian Molas Formation, at the top of the
well’s primary objective.
• A cement bond log has been completed to hole bottom with satisfactory
results. The well is expected to drill on into the objective Leadville
Limestone within 24 hours.

PARADOX BASIN #1 OIL & GAS WELL, UTAH USA
Golden State Resources is pleased to announce that operations at the Paradox Basin #1 oil &
gas well are proceeding satisfactorily.
A cement bond log was today completed successfully to the well bottom.
Preparations are in progress to run in the hole with a drilling assembly and drill on, within the
next 24 hours, into the major objective Leadville Limestone.
Paradox Basin #1 is at 15,397 feet (4,692 m), in the Pennsylvanian Molas Formation, a
distinctive terra rossa palaeosol horizon formed on the top of the Leadville Limestone, the
primary objective of the well.