re: a minimum case of 50bcf equals 1.00 to 1.50
...."GDN consultants anticipate a high level of success in the first well with anticipated
80% success in achieving a minimum case of 50 BCF. 50 BCF is potentially
economic.".....
..."GDN maintains an initial 100% interest in the well, operating through its 100%
owned US subsidiary Golden Eagle Exploration LLC. Joint Venture partner Eclipse
Exploration Inc has the right to back in with a 16.67% working interest after the
drilling of two wells by GDN."....
re: a minimum case of 50bcf equals 1.00 to 1.50 ...."GDN...
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