more gas, here is the ann...

Paradox Basin #2 has encountered a two significant new gas shows one with 545 units in the Chimney Rock Formation from 11,274’ to 11,296’. This show came from a good quality Sandstone reservoir with good visible porosity.
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Gas show of 426 units in the Chimney Rock Formation from 11,228’ to 11,241’. This show came from a sandstone interval with fair to good porosity.
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Paradox Basin #2 has encountered a new potential gas zone within the Golden Eagle gas field. The Chimney Rock Formation was encountered at 10,986’ ( 3,348m)
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Paradox Basin #2 is currently at 11,368’ (3465m) and drilling ahead in the Pennsylvanian at approximately 8 ft/hr.
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The well remains ahead of schedule and under budget