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.
GDN Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
