GDN 0.00% 1.7¢ golden state resources limited

AS released on 29th 05 09 by gdn "A detailed completion test and...

  1. 261 Posts.
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    AS released on 29th 05 09 by gdn "A detailed completion test and stimulation programme is currently being prepared by RPS
    Energy in Calgary, and will be available next week."

    If people are concerned about GDN they should look up the following.

    1/RPS Energy Calgary. Check out their web site and tight gas results and how they stimulate tight gas.

    2/ Look at previous gnd announcements regarding what indications of gas were found in the upper levels.

    3/ In the announcement of 29 05 09 GDN Stated " Rig 234 is on stand by at no charge." "Work on procurement of test
    equipment has been underway since the preliminary petrophysical results were issued." "Each successful test will include a post-flow build-up and as a result each test is expected to take several days. If
    required a fracture stimulation will be conducted in one or more of the completed zones."

    It would seem gdn via RPS energy, are puting together a major test and stimulation of pb2 and making sure everything is in place to do what is needed to bring as much gas on line as possible. If you check out RPS and the technology and expertise that these people have, you may conclude that this well is in very safe hands. When this programme starts I believe some will be very suprised with the outstanding results that RPS are will produce. Remember that most successful gas fields in the paradox basin do not drill below 10000 ft and are produtive in the zones that are earmarked for stimulation and production testing in PB2. Paradox basin is described as a tight gas play and RPS have the technology and expertise to maximise the zones that are discovered. IMO DYOR
 
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