KEY POINTS:
The Coil Tubing Unit has successfully clean-out the casing in Paradox Basin #3
The well is now being circulated and conditioned prior to fraccing
The company is confident of establishing commercial gas production in both Paradox Basin #1 and #3
*** PARADOX BASIN #3 ENCOUNTERED SOME OF THE BEST GAS SHOWS SO FAR ENCOUNTERED ON THE GOLDEN EAGLE GAS FIELD***
Wellhead pressure in Paradox Basin #1 continues to increase and further flow tests will be run in parallel current operations on PB #3
Don't you luv the 2nd to last statement ?
ENCOUNTERED SOME OF THE BEST GAS SHOWS ON THE GOLDEN EAGLE FIELD.......
This is going to be HUGE IMHO ...
flowing gas
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