a. The gas production is now better than the last time they monitored the well and I beleive they had the mmcfd in today's ann and also mentioned in previous ann compared to what they had when PB1 was tested.
b. They could see the production potentntial of PB1 after the current workover and testing hence the test results wil be further analysed to determine productivity and a review of the production potential the way it is now without any further work.
I can not see any negative from these. Its a plus together with PB3 test results to come.
It can only get better IMO. I feel a lot more confident from the day they started PB3 and all the news todate.
Again, you never know! One can only hope for the best and I am prepared for the worst as always as I punt with what I can afford to lose.
GDN Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held