Let's put it this way, they have declared the wells commercial and will now earn an income from a INITIAL minimum of 1 mmcfd.
That means regardless of what Jani thinks and the rest of the downrampers, GDN is now moving from explorer to producer and will now have an income.
GDN after its sales of White Canyon is DEBT FREE!
After further stimulation and testing of the other massive amount of net pay not yet tested in PB3 flow rates might substantially improve.
If you don't like stable minimum production rates of at least 1 mmcfd, just remember, the company owned this 1 mmcfd 100%, not 20% or 50%.
Just pretend it owns only 20% of the Golden Eagle Gas field and say it is flowing at 5 mmcfd!
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Let's put it this way, they have declared the wells commercial...
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