GDN golden state resources limited
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pov 1

  1. Dazt49
    4,735 Posts.
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    28/04/12
    10:19
    Post #: 10101051
    From broker presentation in March.
    "Current plans are to drill this year, June spud.
    AWT International is project managing the drilling
    Rig chosen, western rig, capable and experienced drilling contractor
    Redrilling Pov-1 discovery well, high chance of success
    Pov-1 produced 5.5MM cubic feet of gas per day
    60 to 100 bcf GIP
    Gas plant 10 kilometres away"
    I don't recall seeing what depth they intend to drill.
    Anyone seen it?
    GDN Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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