These results look better for the Upper Ismay than the previous well...
Gas flow rate tests there produced in the 340mcf range for the best three Uppser Ismay intervals...not much. Collectively, these zones equated to some 972 units background gas.
The best three reported today collectively equate to 1806 units...and whilst clearly we CANNOT draw a direct uplift comparison (it may be more, it may be less), potential production from these zones, this well, could be expected to out perform the first well.
I am still not entirely convinced...and I definately do NOT entirely trust what we are reading...but it does appear that combined with PB1, they may well have enough for modest commercial production here...even before the lower zones, namely Alkai Gulch and Leadville have even been intersected.
I would not put the house on these though...and for me, it is definately remains a trading proposition only for now.
Good luck all.
Cheers!
on foucombinedr zones which collectively
GDN Price at posting:
17.0¢ Sentiment: ST Buy Disclosure: Held
