A solid 5mmcfd and i'm sure that Eclipse will be considering their options very soon!!They will provide some cash for expansion of the field.......
Golden State holds an initial 100% interest in Paradox Basin #1 well, and operatorship through its 100%- owned US subsidiary, Golden Eagle Exploration LLC. Denver-based joint venture partner EclipseExploration Inc has the right to back in with a 16.67% working interest after the drilling of two wells by Golden State.
GDN Price at posting:
5.0¢ Sentiment: Hold Disclosure: Held
