The flow rate of 340mcf was for the last intervals tested. They never did test the oil column and were never given a reason for that. Delta and other companies when they release flow rates is normally after testing atleast several intervals if not all intervals on the well and give a combined flow rate which is how they can announce 4.5mmcf or better flow rates with an oil flow rate aswell.
If gdn had of done that there would of been about 1.2-1.5mmcf between the different intervals that did flow gas over the testing period without any water. Not sure why they would not want to try and get the gas from those other intervals. If gdn did what delta and other companies in the area have done gdn would of had a decent flow rate for the first well.
GDN Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
