GDN 0.00% 1.7¢ golden state resources limited

gdn directors interviewed by proactive invest, page-24

  1. 160 Posts.
    My favourite answer -

    Proactive Investors
    In earlier announcements, there were references to: “connection gas”, “trip gas”, “porosity”, “good quality sandstone reservoir” and “new potential gas zone”. Care to elaborate for the less technical of investors?

    Rick de Boer
    Connection gas is formation gasses liberated while making a connection of the drill pipe. Trip gas is similar but is formation gas that enters the mud during trips. Porosity is the spaces between the constituent grains. Good quality sandstone reservoir is a reservoir with good porosity and permeability.

    Much clearer now.
 
watchlist Created with Sketch. Add GDN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.