GDN 0.00% 1.7¢ golden state resources limited

cmt, page-21

  1. 831 Posts.
    re: ct Good analysis Neil.

    These questions go to Sue and Richbal. Not meant to be downramping I just want to know the possible risks and try to learn some more.

    If other wells are close by, what effect will they have on the gas in GDN’s well? Will they take all the gas, is what I’m trying to ask?

    Also, in the drilling reports over the last 6 months they say that they have detected between 800 and 2300 gas units, which as they say equates to 8 and 23% CH4. How significant is that percentage?

    These things may have already been covered but there is 306 pages to the GDN thread and I don’t feel like reading them all.

    TIA
 
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