I was comparing PB1 to PB3 as they both entered Upper Ismay.In PB1 the first results showed 3 seperate gas shows where as PB3 had one.Please read below and see what your thoughts are, i also noticed connection gas was around 3000 units? Please respond with yoour thoughts? Thanks Grunto.
? Paradox Basin #1 well is at 10,152 feet (3,094 m) and drilling on ? Three gas shows in Upper Ismay zone, with strong connection gas ? Target potential 3 TCF gas, 11 potential pay zones Golden State Resources is pleased to announce progress on the Paradox Basin #1 well in Grand County, Utah. The well is at 10,152 feet (3,094 m) in the Lower Ismay zone of the Pennsylvanian Paradox Formation, approximately 150 feet above the Desert Creek target (see Table below). Since the last report the well has intersected: ? the Upper Ismay zone, limestone and dolomite reservoir rocks, intersecting minor gas shows in the intervals 9728 ? 9731 feet, 9742- 9746 feet and 9850 ? 9858 feet. ? the Hovenweep Shale, a black organic-rich source rock ? the Lower Ismay zone, abundant dolomite reservoir rock Connection gas levels are of the order of 3,000 units and are considered highly encouraging. The drilling mud weight has been increased to help control gas influx to the well.
GDN Price at posting:
13.6¢ Sentiment: LT Buy Disclosure: Held