GDN 0.00% 1.7¢ golden state resources limited

Define "significant". Again, why didn'tthe company tell us what...

  1. 30,924 Posts.
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    Define "significant". Again, why didn'tthe company tell us what "significant" was? They can do it, if they really try, you know. Here is the ann. schwales dug out a few days ago on P1.

    "PARADOX BASIN #1 OIL & GAS WELL, UTAH USA
    The Directors of Golden State Resources are pleased to announce the completion of the current
    phase of workover operations on the Paradox Basin #1 Gas Well, Grand County, Utah.
    At completion of a 72 hour test of intervals in the Upper Ismay section, gas flow stabilised at 340
    Mcf/day (thousand cubic feet per day) with water produced at 2 bbl/hr (barrels per hour). The flow
    test followed successful fracing of three Upper Ismay gas intervals: 98509860, 97329727 and
    97409760, totalling 35 feet."

    As you say, good luck to holders.
 
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