GDN 0.00% 1.7¢ golden state resources limited

flare up , page-21

  1. 44 Posts.
    im very confident that we are having a com well. if you read the ann on 24 oct. :

    'Since last report background gas in the well has doubled and connection gas (methane,
    ethane and propane) is maintaining consistent levels.
    Full assessment of the production capacity of reported gas shows will follow drill stem
    testing at the completion of the well. At this stage, from formation pressures and the
    amount of gas bleeding into the well, it is likely that production will be obtained from the
    following intervals:
    Interval Target Zone
    9742’ – 9746’ Upper Ismay
    9930’ – 9960’ Barker Creek
    10714’ – 10765’ Barker Creek
    11016’ – 11030’ Barker Creek
    Permitting is progressing for a connector to the gas transmission pipeline, which crosses
    the Golden Eagle leases 10 km from the well site. Once the right-of-way permit is
    granted, laying of the connector is expected to be completed quickly.'
 
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