GDN 0.00% 1.7¢ golden state resources limited

first port of call should probably be a side track..If I was a...

  1. 3,320 Posts.
    lightbulb Created with Sketch. 17

    first port of call should probably be a side track..


    If I was a betting man Id say this would be the go as:

    1) Under the farm-in contract some additional payment is required on completion of a "second" well

    2) A side track from say 9000 feet would allow a 1000ft or more distant intersection of the Leadville structure,

    this would and also be the beginning of a horizontal hole used to maximise production, something not really undertaken with the 1960 era wells in the Lisbon et al..


 
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.