When they perforate they always do it from the bottom up. Therefore, if they are going to test/perforate Barker Creek they must have tested the lower levels already which are the PT including Cane, and the Alkali Gulch (below a copy of their testing program from 7th of May Drill Status Report). So if GDN are true to their word/what is reported is true, then no report tomorrow means PT/Cane & the Gulch are dusters.
As a first priority, perforation and testing will be undertaken on the following gas shows: Formation or Zone Gas zone (feet) Gas zone (m) Oil & Gas Indication Upper Ismay 9,845’ - 9,858’ 3,001 - 3,005 Gas in dolomite reservoir rocks at up to 520 units, with connection gas levels up to 3,000 units. Akah 10,815 - 10,834’ 3,296 - 3,302 A gas show of up to 790 units. Barker Creek 12,558’ - 12,580’ 11,015’ - 11,031’ 3,828 - 3,834 3,357 – 3,362 A major pressured gas interval in dolomitic sandstone. Gas (methane, ethane and trace propane) was present at levels of up to 2,300 units, with connection gas up to 3,300 units. A 16’ gas-bearing interval (390 units), in a sandstone unit marking the top of the Barker Creek member. Alkali Gulch 13,097’ - 13,106’ 13,145’ - 13,154’ 3,992 – 3,995 4,006 – 4,009 Two significant gas intervals in vuggy dolomite between salt horizons, with gas levels up to 800 units. The host dolomite was the best quality reservoir rock seen in the well. Pinkerton Trail 15,288’ - 15,321’ 4,660 – 4,670 A significant show over a 33’ interval within a strongly fractured cyclic sequence of limestone and black shale, with gas up to 1,020 units.
GDN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
