GDN 0.00% 1.7¢ golden state resources limited

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    ASX ANNOUNCEMENT 29 MARCH 2010
    DRILLING UPDATE FOR PARADOX BASIN # 3 ON THE GOLDEN EAGLE GAS FIELD, UTAH.
    CURRENT OPERATION: DRILLING AHEAD AT 11,565
    KEY POINTS:
    h Paradox Basin #3 has encountered further gas shows
    h Gas Show 4 of 270 Units is present over the interval 11,367 to 11,378
    h The well is currently at 11,565 and Paradox Basin #3 is expected to reach 12,000 tomorrow
    h The well continues to show high operational gas levels reaching 1453 units during reaming, and 1823 units whist running a junk basket
    h Logging is expected to commence on Wednesday
 
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