GGE good ann --
Bonus McCracken Formation Adds 1.8BCF to Gross Prospective Helium Resource
The McCracken formation represents a significant independent target to be evaluated in the forthcoming Jesse-3 helium well and future well operations such as the Jesse1A re-completion
- Jesse-3: Structural High on Existing Seismic, Reservoir Definition through Well Control The selected Jesse-3 location is proximal (1,300 feet) to the historic Redd-1 well positioned on a seismic high with the potential to be 70 feet high to Jesse-1A4. Jesse-3 is optimally located structurally to evaluate both the primary Leadville target and the McCracken as a secondary target. Targeting a structural high provides the potential for greater stand-off to the gas/water contact, reducing risk of water ingress, and potential for greater net reservoir in the gas column.
EMC is slowly increasing, results late June so should be soon imo
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